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QuickBooks Online QBO QuickBooks Payments

Next-day deposits for QuickBooks Payments | Bank transfer (ACH) payments | Credit card payments

Next-day deposits for QuickBooks Payments | Bank transfer (ACH) payments | Credit card payments

For more detailed info, check out this QBO article.

(Posting this for educational purpose only).

With QuickBooks Payments, you can get your credit card and bank transfer payments deposited the next business day.

Find answers to frequently asked questions about next-day deposits.

General

Which QuickBooks products get next-day payments?

A: Next-day payments are for eligible QuickBooks Online and GoPayment customers for now. We’re looking at how we can offer this service for QuickBooks Desktop and Point of Sale in the future.

Bank transfer (ACH) payments

What’s the fee for next-day bank transfer (ACH) payments?

A: 1% (max $10) per transaction.

Why is there a fee for next-day bank transfer (ACH) payments?

A: We’ve invested extensively on improving the features, user experience, and processing infrastructure of QuickBooks Payments over the past year. This price reflects the investment and continued commitment to improving.

How do I get next-day deposits for bank transfer (ACH) payments?

A: We’re gradually rolling out this option to existing QuickBooks Online merchants during the first half of 2019. You’ll receive an email, and a message in QuickBooks, when your account is eligible. New merchants will get the offer for next-day credit card and bank transfer (ACH) plans soon.

I lost the email and message in QuickBooks to opt in to next-day bank transfer (ACH) payments. How c…

A: To opt in to next-day deposits:

Select the Gear icon at the top.
Under Your Company, select Account and Settings.
Go to the Payments tab.
If you’re eligible for next-day deposits, select Upgrade in the Deposit Speed section.

Do I have next-day deposits?

A: To see your Deposit Speed:

Select the Gear icon at the top.
Under Your Company, select Account and Settings.
Go to the Payments tab.


Who can get next-day bank transfer (ACH) payments?

A: Eligibility is determined by various factors, such as processing activity and history.

I received an offer to get next-day deposits. Do I have to change plans?

A: Not at all. If you’re happy with your current plan, then you don’t need to switch. Your plan only changes if you opt-in from the email or in QuickBooks.

If I opt-in to the new plan, how soon do bank transfer (ACH) payments start depositing next-day?

A: Next-day deposits apply to payments processed after receiving your confirmation email. Any previously processed payments deposit on the old schedule.

I opted in to next-day bank transfer (ACH) payments. Can I go back to my old plan?

A: If you’d like to request changes to your deposit plan, get help and call us at 800-558-9558.

Credit card payments


What’s the fee for next-day credit card payments?

A: There’s no extra charge. You pay the same processing fees charged for standard deposits.

How do I get next-day credit card payments?

A: With a few exceptions, all new and existing QuickBooks Online merchants get credit card payments deposited the next day by default.

Source: https://quickbooks.intuit.com/community/Help-Articles/Next-day-deposits-for-QuickBooks-Payments/m-p/248677

Categories
Company Settings Customers Invoice Online Payment Button Pay Now Button QuickBooks Payments

E-Invoicing: Accept bank transfer and credit card payment options from invoices you email to customers

In order to accept Bank Transfer and Credit Card payments from invoices you email to customers, you need an active QuickBooks Payments merchant account and payment options enabled in QuickBooks.

To link your QuickBooks Payments account to QBO
(If you already have Intuit Payments merchant account you will need to verify if it’s attached to your QuickBooks Online company.)

1. Click on the Gear (⚙) icon at the top right corner of the QBO homepage.
2. Select Account and Company Settings under Your Company tab.
3. Select Payments on the left-hand side.
4. Ensure you have an active payments account.

If QuickBooks Online is not enabled for payments you will have a green “Learn more” button and “Finish setup” button. Use the appropriate button to sign up for payments or connect an existing account.
If QuickBooks payments setup is already enabled you will see Manage Details button.

 

ENABLE FOR QUICKBOOKS PAYMENTS

 

VERIFY YOUR MERCHANT ACCOUNT ENABLED

 

Turn on Online Invoicing

1. Click on the Gear (⚙) icon at the top right corner of the QBO homepage.
2. Select Account and Company Settings under Your Company tab.
3. Select Sales on the left-hand side.
4. Scroll down and select Online Delivery to be sure to change Email options for Invoices drop down to say Online Invoice and click Save.

 

 
Now when creating invoices you can check or uncheck Bank transfer ACH and Credit card payment options.

E-INVOICING: ONLINE PAYMENTS

 

RELATED ARTICLE:
QuickBooks Merchant Services or QuickBooks Online support — who should I contact for help?

Categories
QuickBooks QuickBooks Payments

QuickBooks Merchant Services or QuickBooks Online support — who should I contact for help?

QuickBooks Merchant Services or QuickBooks Online support — who should I contact for help?
QuickBooks Help
From the article:
This is an overview of whom to contact with issues related to your merchant account and QuickBooks Online:

You can update your business details, banking account information, and make many other useful changes without calling support!

Simply visit the merchant center at https://merchantcenter.intuit.com and sign in using your QuickBooks Online credentials.

For more information on how to process mobile payments with GoPayment, see Setting up and accepting payments using GoPayment. …


 







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Categories
QuickBooks Payments

When sending Invoice to a client, how does Bank Transfer option work? Is this payment feature easy for a client to do?

In QuickBooks payments, “Bank Transfer” option is like ACH direct deposit type.
Customer/Client will receive the invoice by email. It’s very few simple clicks for a customer to pay that invoice.

    1. Open the Invoice button. See screenshot below.

invoice

    1. Click Pay Now button. See screenshot below.

pay-now-button

Payment information screen will open. Customer will need to fill out the following information:
a) Routing Number
b) Account number and Confirm account number again
c) Account holder’s name
d) Optional: leave the default check box to save payment method to pay faster next time.

See attached screenshot below.

payment-information

 

Merchant Fee: It’s a flat $0.50 (YES, FIFTY CENTS) per bank transfer payment. No dollar limit on how much that transaction is. On credit card payment, they charge +-3.% on the transaction amount. So, on $1,000 invoice, you can actually save $30.00 merchant fee. That’s huge!

 


 





 

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CANADA

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Categories
QuickBooks Payments

QuickBooks Payments – Card verification value (CVV) Required

Changes to your QuickBooks Payments account beginning in October 2016.

Beginning in October, all keyed transactions will require card verification value (CVV) in order to process.

What is changing?

All transactions where the credit card number is keyed will require CVV. The CVV for Visa or MasterCard are the last three digits of the number printed on the signature strip on the back of the card. CVV for American Express appears as a separate 4-digit code printed on the front of your card.

What you need to do

When processing a transaction where you need to key in the credit card number, please be sure to enter in the CVV.

If you have any questions, please contact Intuit QuickBooks at (800) 558-9558.

IMPORTANT: If you already have recurring transactions template setup credit card data with CVV for sales receipts, it should be working fine. There is no need to going back and manually updating CVV again. However, if you’re creating a new recurring transactions template for sales receipts then, you will need to add credit card data with CVV to make this work.

QuickBooks Forum Discussions: CVV1 CVV2 CVV3
See also

QuickBooks Payments overview

What is the card security code (CVV)?

Why do I need to enter the card security code every time?

Learn more and apply for QuickBooks Payments

What you should know before processing a credit card payment

Record deposits and fees for QuickBooks Payments

Create an account for QuickBooks Payments error transactions

Email an invoice to accept a payment

Process credit card payments through QuickBooks

Create a recurring sales receipt to automatically process credit card payments

Create a recurring invoice to accept payments online

Void a credit card payment you accepted

Refund a credit card payment you accepted

Refund a down payment accepted by credit card through QuickBooks Payments

Record a chargeback

QuickBooks Payments troubleshooting

How do I configure QuickBooks Online and Merchant Services to remind me to enter the credit card CVV code?

Using QuickBooks Merchant Account service within QuickBooks Online.

Categories
QuickBooks Payments

How to find out if the merchant credit card was processed and approved in the QuickBoks Payments merchant center

You can find out from the QuickBooks Payments home portal and select “Deposits” under Activity and Reports (see screenshot below). Once it’s approved, it usually takes 2-3 business days for deposits to show up in your bank account.

home portal deposits
home portal deposits

To go to the QuickBooks Payment home portal:

Directly from the QBO home page screen > Gear (upper right corner) > Settings (left corner) > Payments > Merchant details > click Manage details button

manage details
manage details

OR
Sign in directly from > https://merchantcenter.intuit.com/
(Should bookmark this page. In case QBO is down, you can still log in from here and review merchant account).
sign in
sign in

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Create QuickBooks Payments

We use QuickBooks Payments. How to find out if processed customer credit card deposited into our business checking account?

To check to see if a customer’s credit card has been processed you need to go to QuickBooks Payments at merchantcenter.intuit.com. It will show when the transaction was completed.

To determine the funds are deposited to an account, check the Direct Deposit Account you set up in Merchant Services.

Click on the screenshot below to enlarge it
merchant payment

 

#QuickBooks Online

 

Categories
Customer Center Customers Invoice QBO QuickBooks QuickBooks Payments Receive Payment

Can I issue payments from Quickbooks Online (QBO) that will process through my bank account?

QuickBooks Bill Pay Service is available only in QuickBooks Desktop versions (QBDT 2013-2015). That feature is currently not available in QuickBooks Online (QBO).

Send them your feedback if you like this feature request > Gear (upper right corner) > your company > FEEDBACK.

And ask for Bill payment services offered through Intuit QuickBooks

quickbooks bill pay service

Categories
QuickBooks Online QuickBooks Online QBO QuickBooks Payments

How much does Quickbooks Online charge me for every direct deposit made

Quickbooks Online does not charge you for every direct deposit made. Direct Deposit is included with QBO payroll fee. Quickbooks Online charges a flat fee of $39.00 a month for payroll. This monthly rate includes

  • Free direct deposit
  • Live phone support
  • Pay W-2 employees and file payroll taxes
  • Run unlimited payroll each month
  • Automatically calculate federal and state payroll taxes
  • Give employees and subcontractors limited access to enter time worked and more


Categories
Bank Deposit Bank Register Banking Customer Center Customers QuickBooks Payments

How do I see if a customer/client has paid their invoice by credit card in new QuickBooks Online?

How do I see if a customer/client has paid their invoice by credit card in new QuickBooks Online?

Intuit QuickBooks Payments Login Screen
Intuit QuickBooks Payments Login Screen

Assuming you have opened merchant services with Intuit QuickBooks payment account, to check and verify the customers credit card payments you’ve received

You can visit

https://merchantcenter.intuit.com

  • Go to Activity
  • Select Reports
  • Select Deposits