I was wondering if anyone had more information about QuickBooks PRO's integrated credit card processor? I know that you need a merchant account with Intuit - but is it possible to use another billing company too? if not, anyone has the URL for their merchant account information? I didn't find it anywhere :confused:

:blush: Nevermind, found it ...its on their homepage :D
http://www.quickbooks.com/customers_sales/payments/

Hmmm, but then again it says it uses PayPal?! :eek:

Originally posted by Kiwi
:blush: Nevermind, found it ...its on their homepage :D
http://www.quickbooks.com/customers_sales/payments/

Hmmm, but then again it says it uses PayPal?! :eek:

Hi Kiwi,
I'm still vacillating about using your reseller program, veoweb, and Jumpline is courting me pretty heavily. (I just wanted to apologize for not getting back to you yet).

ANYWAY... Quickbooks Pro 2002 has PayPal as an option built right in. You still have to use Chase Bank or Wells Fargo for your merchant account, but the really absurd thing is that Wells Fargo bank doesn't support Quickbooks online bill pay and other options yet(!!), just Quicken.

The pricing is very competitive on the merchant accounts.

(WF:=Wells Fargo Fees | CH:=Chase Fees | BOTH:=Both...)

Discount rate for MasterCard and Visa
WF: 2.30% | CH: 2.35%

Monthly fee
WF: $14.95 per month regardless of transaction fees. Monthly paper statement fee is included.
CH: $5.95 per month regardless of transaction fees

Per transaction fee
WF: $0.10
CH: $0.20

Setup fee
WF: $10.00
CH: FREE

Cancellation fee (One-time fee charged if you terminate your merchant account within the time period specified by the financial institution)
BOTH None

Statement fee
WF: None
CH: $4.00 per month

Funding Delay Timing
(Number of days before funds are deposited in your bank account)BOTH: 3 business days

Credit Card Types
BOTH: Visa, MasterCard and Diners Club

Additional credit card types
BOTH: Requires additional setup We can apply on your behalf for an American Express account. To set up a Discover account, please call 1-800-347-2000.

Application Turnaround
BOTH: Application will be reviewed within two business days and you will be notified of your status via e-mail

Special Fees
Additional authorization fees charged for Diners Club, American Express and Discover transactions.
WF: $0.15 per transaction
CH: $0.20 per transaction

Chargeback fee
BOTH: $15

ACH Reject fee
WF: $10
CH: $5

Additional Info (http://merchantaccount.livebeta.quickbooks.com/mas2001faq.htm) (If you can't access it, let me know...)

PayPal

eChecks:
0.50% of transaction value + $0.25, not to exceed $2.00 per transaction

Credit Cards:
Payments under $15: $0.30 flat fee per transaction

Payments of $15 or more: 2.20% + $0.30 per transaction

Using QuickBooks Online Billing, you send invoices via email to your customers and receive payment, through the Internet, directly into your PayPal account. You can then move funds from your PayPal account into your bank account.

(However, the seller can't initiate a PayPal payment directly from QuickBooks.)

If anyone has a QuickBooks Pro 2001 account data (minus any personal data of course!), I would be happy to set up a fictious webhost and let you pros see the invoicing output and Internet interface of QB 2002.

(I don't have a webhost account set up for use with Quickbooks and I am loathe to pay an accountant to cross the T's and dot the I's for something I will not be using to generate profit. But I will be happy to exercise it for anyone in anyway you would like.)

Let me know what features you want exercised and I will send you feedback.

Regards,
~slips

Out of curiosity, where did you find info on QB2002?

We looked at QB2001 when it first came out, but decided not to use it, as it wasn't geared towards this industry...

1. It does not allow auto-repeat billing, only memorized transactions. You could do monthly billing with that, but still not automated fully...and you have to manually approve each one.
2. Very importantly, it did not do auto-credit card billing, even if you used their merchant account. You could export billing info to and from a credit card billing program I think..but not as smooth of a procedure...
3. No real online payment method. Usage of paypal may change this now, but I still don't think it auto-imports the payments into your system. You have to maually do it still.
4. No way to email statements to clients...only invoices. Kinda stupid!

...and several other minor annoyances that makes QB not ideal for a hosting operation.

Have any of these things changed for QB2002?


We ourselves have just opted to use <<EDIT>>...rather than use a system like QB...which is not 100% capable of meeting our requirements....but it was pretty darn close as compared to most other similar programs like it on the market.
The ISP/IPP billing programs on the market like Rodophi, look quite good, but the fees they charge are ridiculous....


Sean R.
BurstNET

<<MOD NOTE:>>
Saying you are going to just use the script you are developing within your post isn't quite what I'd call acceptable.
<</MOD NOTE>>

Originally posted by chintz

ANYWAY... Quickbooks Pro 2002 has PayPal as an option built right in. You still have to use Chase Bank or Wells Fargo for your merchant account, but the really absurd thing is that Wells Fargo bank doesn't support Quickbooks online bill pay and other options yet(!!), just Quicken.


That is not correct. We use Quick Books and it does fully intergrate with wells fargo/quickbooks online.

Originally posted by multipleimage


That is not correct. We use Quick Books and it does fully intergrate with wells fargo/quickbooks online.

That is news to Intuit and Wells Fargo..

1. You can't select Wells Fargo as an online bank for use with QuickBooks Pro. It just does not appear in the online institutions list.

2. Wells Fargo says:
"You can download account history to your accounting software in Quicken, MS Money, or spreadsheet format. The QuickBooks format will be added in the future." at
http://www.wellsfargo.com/biz/products/gate/faq/faq.jhtml#Question_9

3. I called both Intuit and Wells Fargo and they verified this on the phone.

4. Many banks have features that vary from state to state. (Bank of America being a BIG example). You very well may be in a state that Wells Fargo offers this service and the Quickbooks option is just not available to people that sign up online, or in unsupported states.

that is possable. they may be testing it here or something, they have been pushing both quicken and quickbooks at the local branch's here