QuickBooks® Request for Payment Invoicing
The Best Solution for Instant Payment Processing in QuickBooks®
Today Payments is an Authorized Reseller of Intuit offering a highly robust app that supports both QuickBooks’ desktop and online customers, provide merchants with the tools they need so they can focus more time on their customers and businesses, and less time on data entry.
"Our Integrated payment solutions can save a typical small business owner more than 180 hours each year"
See
the features
QuickBooks® ACH, Cards, FedNow and Real-Time Payments
- Payment processing for all QuickBooks desktop, Pro, Premier, Enterprise and also QBO QuickBooks Online Our software is designed for simplicity and ease-of-use.
- ~ Automate Account Receivable Collection
- ~ Automate Account Payable Payments
- ~ One-time and Recurring Debits / Credits
Secure QB Plugin payment processing through QuickBooks ® specializes in the origination of moving money electronically.
Ask about our special:
Request for Payments
Using QuickBooks Online (QBO) for Immediate
Payments Solutions through FedNow across POS, E-commerce, and MOTO can
streamline financial operations for businesses. Here's a guide on how to
integrate FedNow with QBO for various payment channels:
Integrating FedNow with QuickBooks Online
Overview:
- QuickBooks Online (QBO):
A cloud-based accounting software that helps businesses manage their
finances, including invoicing, expenses, payroll, and more.
- FedNow: A real-time
payment service developed by the Federal Reserve, enabling instant
fund transfers between banks 24/7/365.
Implementing FedNow for Different Payment
Channels
1. Point of Sale (POS)
Benefits:
- Instant Payments:
Customers can pay instantly, improving the checkout experience.
- Improved Cash Flow:
Immediate access to funds enhances liquidity.
- Seamless Integration:
QBO can track and reconcile real-time payments automatically.
Implementation Steps:
- POS System Compatibility:
Ensure your POS system supports FedNow and integrates with QBO.
- Integration: Connect
your POS system with QBO. Many modern POS systems offer direct
integration with QBO.
- Configure Payment Settings:
Set up FedNow as a payment option in your POS system and configure
it in QBO.
- Train Staff: Educate
staff on processing FedNow payments and managing transactions
through QBO.
2. E-commerce
Benefits:
- Real-Time Order Processing:
Faster payment processing leads to quicker order fulfillment.
- Enhanced Customer Experience:
Offering a real-time payment option can increase customer
satisfaction.
- Automatic Reconciliation:
QBO can automatically record and reconcile payments, reducing manual
work.
Implementation Steps:
- E-commerce Platform Integration:
Ensure your e-commerce platform supports FedNow and can integrate
with QBO.
- Payment Gateway: Use
a payment gateway that supports FedNow and integrates with your
e-commerce platform and QBO.
- Setup in QBO:
Configure FedNow as a payment method in QBO and link it with your
payment gateway.
- User Interface:
Clearly present FedNow as a payment option during checkout.
- Security Measures:
Implement strong security protocols to protect customer data.
3. Mail Order/Telephone Order (MOTO)
Benefits:
- Immediate Payment Confirmation:
Real-time payment processing improves order confirmation and
customer trust.
- Streamlined Operations:
Automatic recording of transactions in QBO simplifies financial
management.
- Reduced Fees: Lower
processing fees compared to traditional methods.
Implementation Steps:
- Payment Processing System:
Ensure your MOTO payment processing system supports FedNow and
integrates with QBO.
- Integration with QBO:
Set up FedNow as a payment option within your MOTO system and link
it to QBO.
- Customer Communication:
Clearly explain the benefits and process of using FedNow for MOTO
payments.
- Secure Handling:
Ensure robust security measures are in place for handling payment
information.
General Steps to Implement FedNow with QBO
- Select a Payment Processor:
Choose a payment processor that supports FedNow and integrates with
QBO.
- System Integration:
Work with your payment processor to integrate FedNow across your
POS, e-commerce, and MOTO systems.
- Setup in QBO:
Configure FedNow as a payment method within QBO, ensuring all
transactions are automatically recorded and reconciled.
- Training: Train your
staff on using FedNow and managing transactions within QBO.
- Customer Communication:
Inform customers about the new real-time payment option and its
benefits.
- Monitor and Optimize:
Continuously monitor the performance and efficiency of FedNow
transactions and optimize as needed.
Summary
By integrating FedNow with QuickBooks Online,
businesses can benefit from real-time payments across POS, e-commerce,
and MOTO channels. This integration enhances cash flow, improves
customer experience, and streamlines financial management, providing a
seamless and efficient payment solution.
Call us, the .csv, text messaging and or .xml Request for Payment (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of RequestForPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payment to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payment Initiation (PAIN .013) show how to implement Create Real-Time Payments Request for Payment File up front delivering message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continuing through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.
Our in-house QuickBooks payments experts are standing ready to help you make an informed decision to move your company's payment processing forward.
Pricing with our Request For Payment Professionals
1) Free ISO 20022 Request for Payment File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support
2) We create .csv or .xml formatting using your Bank or Credit Union. Using your invoice information database to create an existing Accounts Receivable file, we CLEAN, FORMAT to FEDNOW or Real-Time Payments into CSV or XML. Create Multiple Templates. You can upload or "key data" into our software for File Creation of "Mandatory" general file. Use either the Routing Number and Account Number for your Customers or use "Alias" name via Mobile Cell Phone and / or Email address.
Fees = $57 monthly, including Activation, Support Fees and Batch Fee, Monthly Fee, User Fee. We add your URI for each separate Payer transaction for additional Payment Methods on "Hosted Payment Page" (Request for file with an HTML link per transaction to "Hosted Payment Page" with ancillary payment methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1% percentage on gross dollar file,
3) Add integrating QuickBooks Online "QBO" using FedNow Real-time Payment using our Immediate Payments Solutions system.
Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payment Page" and WYSIWYG
4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.
Start using our FedNow Real-Time Payments Bank Reconciliation:
Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds
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