QuickBooks Online
Accept credit cards—how it works
This feature is available at an additional cost.
With a QuickBooks Online merchant account you can process and authorize credit card transactions directly from QuickBooks Online. Payment information is automatically updated in QuickBooks Online so you never have to enter data twice.
Integration Save Times and Reduces Costs
The merchant account will help you:
- Grow your business: Make it easier for customers to pay you by offering a convenient payment option.
- Get paid faster: Approved funds can be deposited into your account in as little as one business day!*
- Get paid automatically: You can set up recurring sales receipts and collect the credit card payments automatically so customers don't have to be reminded to pay you.
- Save money: You don't need extra hardware or phone lines to have a QuickBooks Online merchant account. You could save $1000 or more per year compared to buying or leasing a terminal.
- Save time: You never need to enter data twice!
It's Simple to Use
Fill out a sales receipt, receive a payment, or add a deposit to an invoice as you usually do, and then include the customer's credit card information as well. When you save the transaction, the credit card is processed, and you get immediate feedback on whether it is approved.
| Pricing | Standard Price1 | QuickBooks Online Price1 |
|---|---|---|
| Hardware | $1500-$1600 purchase or $15-$50/month lease |
No extra hardware needed. |
| Software | $400-$600 purchase | No extra software needed. |
| Application/Setup Fee | $50-$150 | $59.95 |
| VISA/MC Discount Rate | 2.5%-3% | 2.44% |
| Monthly Fee | $20-$35 | $17.95 |
| Per Authorization Fee | $0.20-$0.60 | $0.23 |
1Fees and discount rates vary by merchant service and method of processing transactions. Terms, features, pricing and services subject to change without notice. |
1No terminal leasing fees, no minimum fees, no cancellation fee and no extra phone lines! |
You can sign up for QuickBooks Online merchant account after you've set up your QuickBooks Online accounting subscription.
PLEASE NOTE:
The Merchant Service Card Reader does not currently work with QuickBooks Online. Use of the card reader requires QuickBooks desktop software, 2002 or higher.
* Clearance time for funds may vary depending on your Demand Deposit account.
Optional fee-based service. Application approval required. Terms, conditions, features, pricing, and services subject to change without notice.
