Question

Your client doesn’t want to pay a monthly fee for their QuickBooks Payments merchant account. What other option is available to them, and where in QuickBooks Online can they sign up for QuickBooks Payments?

Answer 1

Answer:

If my client doesn’t want to pay a monthly fee for their QuickBooks Payments merchant account, another available option for them is to select a plan in which they would not have to pay monthly fees that have a higher rate per transaction; this option is available in the accounts and setting payment tab.

Answer 2

Answer:

1. The other options available are:

(a) QuickBooks Online Pricing - PAY AS YOU GO

(b) QuickBooks Desktop Pricing - PAY AS YOU GO

2. Through the "Settings" tab, then "Account and Settings " tab or link

Explanation:

Given that my clients doesn’t want to pay a monthly fee for their QuickBooks Payments merchant account, the other options available are:

(a) QuickBooks Online Pricing - PAY AS YOU GO: here the pay-as-you-go plan charges no monthly fee 2.40% plus $0.25 per swipe transaction and 3.40% plus $0.25 per keyed-in card transaction.

(b) QuickBooks Desktop Pricing - PAY AS YOU GO: this plan also charges no monthly fee of 2.40% plus $0.30 per swipe transaction and 3.50% plus $0.30 per keyed-in card transactions and invoices.

2. Through the "Settings" tab, then "Account and Settings " tab or link.

To do this one will have to follow this process:

(a). Sign in to QuickBooks Online as an admin.

(b). Select Settings

(c) Select Account and Settings.

(d). Select Payments.

(e). In the QuickBooks Payment section, select Learn more.

This shows a sign up window with three sections:

i. Business section: where one will fill the form presented

ii. Owner or Proprietor's Section: this section will be filled as well.

iii. Bank Section: it will be filled appropriately.