Intuit Credit Card Processing
Century Business Solutions provides a credit card processing enhancement that functions within QuickBooks, so there’s minimal hassle and maximum benefit. The Intuit credit card processing enhancement marks your invoices as paid and posts payments to accounts receivables (A/R) and general ledger (G/L) for you, saving valuable time every day.
We designed our Intuit credit card processing enhancement to not only reduce your payment processing costs but to greatly improve your accounting workflow and to enhance transaction security.
Why is Intuit credit card processing traditionally so expensive?
Intuit benefits from using a three-tiered pricing structure for most of its customers. Essentially, this lumps all 350+ types of credit cards into just three categories, each of which are assigned a single price. The price isn’t exactly an average, as it’s always padded with a markup, so a processor employing that fee structure stands to profit nicely from your business. But, it’s simple, so it seems better than the alternative, a bunch of numbers and cryptic card descriptors. (You thought NQUAL was bad to look at? Try looking at a detailed statement.) The Intuit credit card processing tiers look like this: