Find answers to common questions about Intuit PaymentNetwork and QuickBooks.
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Why would I want use Intuit PaymentNetwork?
PaymentNetwork helps you save time and money. Intuit PaymentNetwork costs only 50 cents per bank payment received. Compare this to the high cost of other payment options.
Benefits for a receiver of payments:
Can I accept credit card payments through PaymentNetwork?
Yes! You can offer customers the additional option to pay with their credit card. Accepting a credit card payment costs 3.25% of the transaction amount. There are no additional fees. Funds usually reach your bank account within 3-4 business days. You can turn this option on or off at will.
What versions of QuickBooks work with Intuit PaymentNetwork?
Intuit PaymentNetwork currently works with QuickBooks 2012 - 2014 for Windows/Mac and QuickBooks 2015 for Mac. Integration of Intuit PaymentNetwork is unavailable in QuickBooks 2015 for Windows. If you want to be able to add a Pay Now button to allow your customers to pay online through an emailed invoice in QuickBooks 2015 for Windows, you will need a QuickBooks Payments account. (The ability to add a Pay Now button to emailed invoices in QuickBooks 2015 for Windows will be available with a QuickBooks update before the new year.).
How do I sign up for Intuit PaymentNetwork through QuickBooks?
Sign up in one of the following ways:
How long does it take to get approved to receive payments through Intuit PaymentNetwork?
Approval usually takes 1 business day. But depending on volume, review times can be longer. We'll send you an email. Watch your inbox.
Bank payments less than $5000 are usually funded in 1-2 business days. All other payments including credit card payments are usually funded in 3-5 business days.
Is there a limit to how much money I can receive using Intuit PaymentNetwork?
To protect against fraud, PaymentNetwork does impose some limits on transactions. You can view your limits on your profile page.
What will my customers see?
Your customers will see a link on their invoice that lets them pay you immediately online using PaymentNetwork.
Yes. You can record PaymentNetwork payments in one of 3 ways:
Where can I find out more about Intuit PaymentNetwork?
Depending on what version of QuickBooks you're using, do one of the following: