As a business owner you want to be sure that you get paid timely. You also want to ensure that those payments actually get processed. The solution to that is to accept credit card payments. But you don’t want to have to pay those fees, EVEN THOUGH THEY ARE A COST OF DOING BUSINESS.
Let me tell you about a little secret – Intuit Payment Network. The Intuit Payment Network is a merchant service provided by Intuit to allow business owners to send and receive ACH payments. This is the best kept secret for a business owner. And let me tell you three reasons why.
1. It saves you and your customers time. Let me tell you. This little service allows you to auto bill and auto receive payments. When you generate an invoices, simply check the box that says “let client pay online” and watch it do its work. When you activate this feature, a small payment link will be placed at the bottom of your invoice. So all you customer has to do is click the link, enter their info and submit. Done! It save your customer the hassle of having to send a manual check and their payment is done on a safe and secure system.
2. Seamless Integration. Now at the same time that your customer is making their payment, your system is receiving it. When you log into QuickBooks, not only will your payment already be in your cash balance, it will also be applied to the customer’s account and the bank fees posted too. How much more easier can it be? This allows you to manage your receivable more efficiently and saves you time from running to the bank to make deposits.
3. Low to no fees. This is for you and your customer. It’s free to sign up. There are no monthly fees, set up fees or equipment fees. And the fee per transaction is a whopping $0.50. YES $0.50! Now if you decided to accept credit cards too, you can get the Intuit Swipe. It’s works very similar to the Square. There is a low monthly fee for this service, unless you are a pro-advisor like me – then its free.
Do you use Intuit Payment Network? Tell us how great it’s been for you!
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