Using QuickBooks Payments Makes Collections a Thing of the Past
When used with QuickBooks Online or QuickBooks Desktop you get the following benefits:
- Lower swipe rate – use your GoPayment device to save money
- E-invocing – send your client an electronic invoice so the client clicks a pay now link to pay their invoices fast and easy.
- Flat rates – it doesn’t matter if your client uses American Express, Visa, Master Card, cards with points, you pay the rates listed below
- CBG has special wholesales pricing, DO NOT click in product, order from us to get the lowest rates for your payments account!
- GoPayment included allowing for mobile sales
- WebStore option can be enabled to connect your shopping cart (See Details Below)
- Payments automatically batch up at the end of the day making bank reconciliations a breeze.
If you use QuickBooks Payments with Point of Sale you get these additional benefits:
- Ability to take debit cards at discounted rate
- Special discounts for purchasing Point of Sale software through CBG
- EMV compliance – dip the card for full protection
- Connect GoPayment to process Mobile sales and update your inventory automatically. Read more here.
Please note: QuickBooks Point of Sale does not include E-Invoicing. You can add this ability by getting a second account for your financial software. For your clients that order “on account,” they can charge things through Point of Sale and pay later using financial software.
Are you ready to apply?
If you are ready to apply, then you can fast track the process and complete our free online application.
No contract, no termination fees!
Want more information?
Submit a lead for QuickBooks Payments and one of our experts will reach out to you to determine what works best for your needs.
Submit a LeadQuickBooks Payments Rates for
QuickBooks Online
Pay as You Go
Card Swipe 2.2% +$0.25 (MSRP 2.4% +$0.25)
Card Keyed 3.1%+ $0.25 (MSRP 3.4% +$0.25)
Invoice Rate 2.9% +$0.25 (MSRP 2.9% +$0.25)
Bank Transfer (ACH) 1% with max $10 cap per transaction
Low Monthly Rates
Card Swipe 1.5% +$0.25 (MSRP 1.6% +$0.25)
Card Keyed 2.9%+ $0.25 (MSRP 3.2% +$0.25)
Invoice Rate 2.75% +$0.25 (MSRP 2.8%+.$0.25)
Bank Transfer (ACH) 1% with max $10 cap per transaction
QuickBooks Payments Rates for
QuickBooks Desktop
Pay as You Go
No monthly fee
Card Swipe 2.2% +$0.25 (MSRP 2.4% +$0.30)
Card Keyed 3.1%+ $0.25 (MSRP3.5% +$0.30)
Invoicing 3.1% +$0.25 (MSRP 3.5% +$0.30)
Bank Transfer (ACH)$3.00
Low Monthly Rates
$16/mo
Card Swipe 1.5% +$0.25 (MSRP 1.6% +$0.30)
Card Keyed 2.9%+ $0.25 (MSRP 3.3% +$0.30)
Invoice Rate 2.9% +$0.25 (MSRP 3.3% +$0.30)
Bank Transfer (ACH) $3.00
QuickBooks Payments Rates for
QuickBooks Enterprise and Point of Sale
Enterprise
Card Swipe 1.5% +$0.25
Card Keyed 2.9%+ $0.25
Bank Transfer (ACH) $3.00
POS: Pay as You Go
Credit Swipe 2.7%
Debit Swipe 1.0%
Card Keyed 3.5%
POS: Monthly
Credit Swipe 2.3% +$0.25
Debit Swipe 1.0% +$0.25
Card Keyed 3.2% + $0.25
Go Payment
GoPayment
Swipe 2.4%
Keyed 3.4%
Transaction fee $0.25
GoPayment
Swipe 1.6%
Keyed 3.2%
Transaction fee $0.25
IF YOU HAVE A MONTHLY VOLUME OVER $50,000 ASK US ABOUT OUR HIGH VOLUME PRICING.
- QuickBooks Payments is integrated in QuickBooks and includes GoPayment using the Quoted rates above
- eInvoicing for no additional fees
- Non-EMV GoPayment readers are no longer available.
Orders can be placed through the approval email or by calling Customer Service, 800-607-7513, option 4.
Readers have bluetooth and USB Connection. They will work with both computer and phone, you get one free with new account and additional readers are only $19 each.
SITUATIONS TO AVOID WHEN RECOMMENDING QB PAYMENTS:
- QB Payments DOES NOT process international transactions for ACH.
- They frown upon inter-company transfers and will consider these types of transactions as a Red Flag.
- Your customers account can be closed by Risk and not reconsidered.
Tip: when you have merchant accounts for one customer and they have different companies, make sure each one has a unique email address.
competitors
Square
Pay as you go, no monthly fee:
Swipe 2.75%
Keyed 3.5%+ $0.15
No ACH Option
Invoicing 2.9% + $0.30
No seamless integration to QuickBooks
No International option
PayPal
Pay as you go, No monthly fee:
Swipe 2.7%
Keyed 3.5%+ $0.15
Bank Transfer (ACH) 2.9% + $0.30
Invoicing 2.9% + $0.30
No seamless integration to QuickBooks
International 3.9% +$0.30
Recurring Billing $10/mo
Stripe
Pay as you go, No monthly fee:
Swipe 2.9% + $0.30
per successful card charge
No seamless integration to QuickBooks
Update on funding new accounts for QuickBooks Online
As everyone is aware from time to time we update policies to keep pace with industry standards and payments best practices. Because of this, our payments team is in the process of changing our policy on credit card deposits. We are communicating this policy change as referenced below.
- Your first deposit should arrive within 4-5 days. All subsequent deposits should be on your regular schedule.
- Marketing disclaimer content:
As you start taking payments from your customers with QuickBooks, you should receive your first deposit4-5 days after your first successful payment is received. The first deposit usually takes a little longer to establish the merchant account. Subsequent deposits are then processed according to your deposit schedule https://quickbooks.intuit.com/learn-support/en-us/receive-payments/find-out-when-quickbooks-payments-deposits-your-money/01/186061 Next day ACH deposits are subject to eligibility criteria.
What can I tell my customers?
Q: I am a new merchant who was approved for a merchant account (on or after June 24th, 2019). I processed transactions with the expectation of next-day funding, where are my funds?
A: Your initial transactions should be deposited 4-5 days after your first successful payment is received as part of a standard process of being a new merchant. Your funding speed should automatically increase to your regular funding schedule after this initial deposit.
Q2. What do you need to validate my identity?
A2. If we requested documents from you, please follow the instructions in your email. If you have not received an email, don’t worry. We just need a few days to validate your identity.