Founded in 1983, Intuit is a software company specializing in accounting and tax programs aimed at small businesses and financial workers. Established and headquartered in Mountain View, California; the software house has gone from strength to strength in its thirty year history and has developed one of the most popular accounting packages in the whole of North America.
Quickbooks was developed by the divisional Intuit Merchant Services, along with Quicken and TurboTax, amongst other financial software. As the founder of the most successful accounting software in the U.S, it’s no surprise that Intuit’s merchant services are also a roaring success. The company has an A+ BBB rating and has earned accreditations from Fortune on several occasions.
With its target market securely in the small business field, Intuit’s merchant services are as varied as the millions of customers it has across the United States. These customers can look forward to having the ability to handle payments in stores, on the telephone, over the internet and in any location with a wireless terminal. Intuit’s packages are highly customized allowing their diverse customer base access to equipment including smartphone terminals, USB card readers and full-blown point-of-sale set-ups.
Travelling and mobile businesses can use Intuit’s app, specifically developed to be used in tandem with their smartphone terminals, free-of-charge. Online retailers can use QuickBooks Point of Sale, as can brick and mortar businesses. Whatever shape and size of your business, you can rest easy knowing that no Intuit package comes with a fixed term and there is no penalty for cancelling.
There’s no denying that Intuit has a soft spot for small businesses, building many of its packages around catering to this market. That being said, some of the largest companies in the world use Quickbooks, it’s simply the best financial management software around. Intuit is more than suitable for any business looking to take payments via credit card, through whichever vertical they choose. The equipment, computer programs and customer support models will fit any type of business.
Prospective Intuit customers can sign up through the company’s website. The information required to begin the process will include bank account numbers, proof of identity and business ratification. Whilst Intuit can’t boast the 48-hour turnaround of some of its rivals, you should see yourself set up within a week of applying for an account. Speaking to an Intuit operative is often the best method for opening an account, as there are so many bespoke and customized options that could be suitable for you.
Many of Intuit’s customers will be taking advantage of GoPayment, its mobile payment system. This has rolling monthly costs or pay-as-you-go options, which both come with the smartphone terminal. Online retailers can enjoy a no obligation trial of the Online Terminal service, whilst the Web Store option can handle full e-commerce websites. Purchasing QuickBooks is the most cost-effective route of using Intuit Merchant Services, as it includes the full point-of-sale set-up at no cost.
|Monthly Statement Fee||Monthly Minimum||Monthly Gateway Fee||Set Up Fees|
|GoPayment - monthly||$12.95||None||None||None|
|Average Discount Rate||Retail Transaction Fee||Equipment Cost|
|1.69% - 2.75%||$0.00||$0.00|
|Online Discount Rate||Gateway Transaction Fee||Address Verification Fee|
|2.52% - 3.75%||$0.00 - $0.29||$0.00|
Intuit is built on a model of simplicity, catering to every type of business and business owner and making the service available to everybody. The plethora of available options can be a little overwhelming for somebody not knowing exactly what they are looking for, but contacting a sales representative is a quick fix and will lead to the right package. Intuit is one of the most popular choices for start-ups, sole traders and small businesses – so we strongly recommend considering it if you fall into this bracket.