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There are two components to QuickBooks pricing—the monthly fee and the transactional costs. The monthly fee depends on the plan and features you want that go beyond payment processing (bookkeeping, receipts tracking, invoicing, etc.). And the transaction costs depend on how you’re accepting payments.

QuickBooks Desktop users

Select ‘Sent Payments’ to see the date the payment was processed, the payment method, the payment amount, and other details of the payment. Send your customers a simple link they can use to pay on the spot, wherever they are. You’ve now mastered how to receive payment in QuickBooks Online.

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These aren’t included in the monthly subscription fee, but they’re just as crucial to budget for. QuickBooks Payments doesn’t offer support for businesses accepting transactions outside of normal working hours. There is no live customer service available on weekends or past 6 p.m. To start accepting payments using QuickBooks Money, install the mobile app, or sign up online.

QuickBooks Online VS QuickBooks Desktop

While many users complain about the quality of QuickBooks merchant services support, I can say that Intuit’s customer service is quite streamlined. The QuickBooks Payments FAQ is enough to answer most basic questions, with phone support available if you prefer to talk to real people. The QuickBooks Card Reader accepts both contactless and EMV/chip transactions and connects to your phone or tablet via Bluetooth. You can also use it as a virtual terminal with QuickBooks Desktop using a USB cable. When you sign up for QuickBooks Payments, Intuit will give you your own merchant account with soft monthly and per-transaction limits.

QuickBooks Payments At A Glance

QuickBooks Payments has a clean, intuitive user interface that should make sense to users of all skill levels. The company also provides plenty of documentation to help you use the platform’s features. QuickBooks Payments is among the most intuitive platforms of its kind and a solid fit for beginners. QuickBooks Payments has one of the more competitive platforms for software integration, with over 650 popular business apps that can be integrated with their platform.

QuickBooks Payments uses Fiserv as its back-end processor. The rates listed are exactly the rates you’ll pay for making a credit card transaction, regardless if it’s Visa, MasterCard, Discover, or American Express, or if your customer is using a corporate card. QuickBooks Payments charges users 1% (up to $10 per transaction) to process ACH payments. ACH stands for “Automated Clearing House” and refers to transfers of payments from one bank account to another.

If approved, you can start accepting payments through QuickBooks Online. You’ll also have the option to apply for a business banking account. To find out how much it’s costing you to accept card payments, you need to eliminate the ACH payments and look strictly at the credit cards. Whether you use QuickBooks Payments or another payment gateway, be sure to take potential credit card fees into account when calculating how much you’ll be spending on software each month. Payment gateways allow you to accept payments from your customers. Common payment processing options include PayPal, Stripe, Square, and Authorize.Net.

• We like that the rates charged by QuickBooks Online and QuickBooks Money don’t include a fixed fee, which can help small-ticket sellers save on processing.
• And remember, if you opt for basic online processing with QuickBooks Money, there’s no monthly or annual fee, just the cost of processing.
• QuickBooks offers a separate payments solution for Desktop clients with slightly different processing rates.
• Schedule and pay bills with QuickBooks Online so you’re always on time.
• To view and understand the exact rates and fees that have been applied to your transactions (along other fees), sign into your account online and view your statement.
• It also accepts digital wallets such as Apple Pay, Google Pay and Samsung Pay.

, for eligible customers joining on or after May 20, 2019, as part of its Intuit Merchant Agreement.

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• QuickBooks Payments allows you to accept credit or debit card payments in any location with a mobile card reader and saves your sale details to your account in real time.
• However, Intuit is slowly phasing out QuickBooks Desktop, starting with QuickBooks Desktop 2020.
• But these are complaints from actual users, and the lack of some features might be a deal-breaker for other merchants.
• However, QuickBooks Desktop may be the better value for businesses that want a locally installed software option with enhanced accounting features.
• Insert, tap, or take digital wallet payments with a card reader, or manually enter card details on any device with the QuickBooks GoPayment app.
• When you register for a QuickBooks Checking account, you’ll be able to make instant transfers for no additional fee.
• With QB Money, you also cannot key in credit card payments manually, automate recurring invoices, or access QuickBooks accounting features.

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You can also download the QuickBooks Online mobile app to keep up with your bookkeeping from your smartphone. Start with our simple money management tool or pick a plan that comes with accounting. Schedule and pay bills with QuickBooks Online so you’re always on time. Get notified when bills are due, and quickly pay vendors and contractors with a bank deposit, check, or bank transfer. Send your customers invoices they can pay online right away. For a smoother QuickBooks payment process, consider integrating with tools like Method.

• Swiped credit cards and debit cards require your own card reader or a mobile card reader provided by Intuit Merchant Services through your QuickBooks merchant account.
• QuickBooks Payments has a clean, intuitive user interface that should make sense to users of all skill levels.
• Because both have mobile apps, both allow you to accept payments on the go with their POS integrations.
• While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.
• Get paid and manage your business money without a subscription.
• QuickBooks Online, which you’ll need to process payments through QuickBooks Payments, allows you to sign up for a free 30-day trial period.

There is a free plan that allows you to accept payments and just pay transaction fees based on usage, but this doesn’t include in-person payments. That said, I really don’t recommend QuickBooks for in-person payments, so you can get basic invoicing and accounting capabilities while still being able accept payments without the monthly fee. For payment processing reviews, we use a 24-point rubric to evaluate the provider. Then we examine rates, the presence and transparency of early termination fees, and any additional fees. The main appeal of QuickBooks Payments is that it allows customers who are already using QuickBooks to process all of their transactions and take care of accounting, all in one place. However, this comes with added expenses that are not applicable to companies that exclusively offer payment processing services.

To provide you with a credit card processing service, fees are charged. The intuit payment network fees fees vary, depending on your sales volume, the amount of your average credit card sales transaction, and the funding time. QuickBooks Online offers four pricing plans that start at $35/month and cost up to $235/month, depending on the number of features and users your business needs. We like that the rates charged by QuickBooks Online and QuickBooks Money don’t include a fixed fee, which can help small-ticket sellers save on processing. All in all, the company is well-suited to the needs of its target audience—but if you don’t need QuickBooks accounting features, QuickBooks isn’t the best choice for taking in-person payments. With QB’s payment processing, there are no multi-year contracts to sign and no early termination fees to pay if you cancel your subscription.

QuickBooks Online Essentials Pricing

Several of the companies listed above, such as Square, double as website builders so that you can keep everything under one umbrella. The cost of QuickBooks Payments varies significantly by plan and the type of payments you are processing, in addition to the amounts. However, the Essential plan will cost you $60 per month after a three-month price reduction. QuickBooks Payments is best thought of as an extra feature for the broader accounting services QuickBooks has to offer. That being said, QuickBooks Payments, PayPal and Square all offer invoicing capabilities, which simplifies the process of billing customers and getting paid.