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QuickBooks Corner –
Tips & News about QuickBooks |
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How
To Get Paid Faster From Your Clients?
(We”ve
Tried It – We Like It! We Highly Recommend It!)
To
simplify matters, yours truly is only accepting MasterCard/Visa at this time. My
clients like paying by credit card for several reasons; but a big bonus for them
is that they can pay my bill AND rack up air mileage or get points for other
incentive programs on their credit cards. I
like it because I get paid faster and I can keep my accounts receivables under
30 days.
QuickBooks
details say:
“Get
paid faster. Credit cards make
it easier for your customers to pay on time. They can use Visa, MasterCard,
American Express, Discover or Diners Club to pay over the phone, by mail or
in-person. Simply enter their information into QuickBooks, click
"Send," and the payment is authorized online within seconds.
Save
time. Your customers' credit
card information is encrypted and stored in QuickBooks, so you don't need to
re-enter their card number every time they make a payment. You don't need to run
to the bank either because payments are automatically deposited into your
business checking account
Save
money. You don't need a card
swipe terminal or a dedicated phone line. There's no additional hardware or
software to install. All you need is QuickBooks 2001 and an Internet connection.
(Service fees apply.)
Get
started quickly. It takes only
15 to 20 minutes to apply for the QuickBooks Merchant Account Service. Apply now
and start enjoying the benefits of getting paid faster.
Can I use my existing
merchant account with this service?
You must apply for the QuickBooks Merchant Account Service to enter and process
credit card payments that you accept from your customers by phone, via mail or
in-person, from within QuickBooks.
Can this service
accept credit card payments from my Web Site?
No. The QuickBooks Merchant Account Service is currently designed to let you
accept credit card payments only through QuickBooks when your customers pay by
phone, via mail, or in-person.
However, we do offer another service called QuickBooks
Online Billing that lets you get paid online from your Web Site when
you e-mail your invoices or estimates to your customers.
Which financial
institution should I choose when I apply for the QuickBooks Merchant Account
Service?
QuickBooks offers a choice of two financial institutions for the Merchant
Account Service.(WELLS FARGE & CHASE) Click
here to determine which financial institution is right for you.
When will my credit
card payments be deposited into my account?
Credit card payments received through the QuickBooks Merchant Account Service
will be deposited into your existing business checking account within 8 business
days after you process a payment.”
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Last modified: November 08, 2002