Instant Deposit: Get Real Time Payments | QuickBooks (2024)

  • Limited time offer terms

    Discount: Discount applied to the monthly price for the QuickBooks Products is for the first 3 months of service, starting from the date of enrollment, followed by the then-current monthly list price. To be eligible for this offer you must be a new QuickBooks customer and sign up for the monthly plan using the “Buy Now” option.

    **Features

    QuickBooks Payments account subject to eligibility criteria, credit and application approval.

    QuickBooks Checking Account opening is subject to identity verification and approval by Green Dot Bank.

    QuickBooks and Intuit are a technology company, not a bank. Banking services provided by our partner, Green Dot Bank.

    Instant Deposit: Instant deposit is an additional service offered by QuickBooks Payments subject to eligibility criteria, including delayed eligibility for new users and availability for only some transactions and financial institutions. The service carries a 1.75% fee in addition to standard rates for ACH, swiped, invoiced, and keyed card transactions. This 1.75% fee does not apply to payments deposited into a QuickBooks Checking account. Deposits are sent to the financial institution or debit card that you have selected to receive instant deposits in up to 30 minutes. Transactions between 2:15 PM PT and 3:15 PM PT are excluded and processed the next day. Deposit times may vary due to third party delays.

    Next-day deposit: Next-day deposit features are subject to eligibility criteria. Subscription to QuickBooks Online may be required. We anticipate that a large majority of customers who use bank transfers (ACH) with QuickBooks Payments will receive next day bank transfer (ACH) deposits as transaction history is established. New payments customers will be notified when next day bank transfer (ACH) eligibility is established. For next day deposits, payments processed before 3:00 PM PT arrive at your bank the next business day (excluding weekends and holidays). Deposit times may vary for other payment methods, third party delays or risk reviews.

    Payment Dispute Protection: Payments Dispute Protection ("PDP") is an additional service that covers you for certain payment disputes (i.e. "chargebacks") that your customer initiates through its card issuer associated with a credit or debit card transaction on the American Express, Discover, Mastercard or Visa networks and are processed by QuickBooks Payments while you are enrolled in PDP. You must be enrolled in PDP when both the customer's payment is processed and payment dispute is initiated to receive coverage. Payment disputes covered by PDP are subject to a per-payment dispute coverage limit of $10,000 with a total annual coverage limit of $25,000 for all payment disputes received on a rolling 365-day period. Payment disputes related to transactions processed by QuickBooks Payments prior to 3 PM PT on your enrollment day will not be covered if you enrolled in PDP after 3 PM PT. The PDP service fee ranges from .99% to 1.99%,based on eligibility criteria. Terms, conditions, and service fee subject to change without notice.

  • **Product information

    Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services.For more information about Intuit Payments' money transmission licenses, please visithttps://www.intuit.com/legal/licenses/payment-licenses

    QuickBooks Payments and QuickBooks Checking accounts: QuickBooks Payments and QuickBooks Checking accounts: Users must apply for both QuickBooks Payments and QuickBooks Checking accounts when bundled. QuickBooks Payments’ Merchant Agreement and QuickBooks Checking account’s Deposit Account Agreement apply.

    QuickBooks Checking account: Banking services provided by and the QuickBooks Visa® Debit Card is issued by Green Dot Bank, Member FDIC, pursuant to license from Visa U.S.A., Inc. Green Dot Bank operates under the following registered trade names: GoBank, GO2bank and Bonneville Bank. Registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage up to the allowable limits. Green Dot is a registered trademark of Green Dot Corporation. ©2021 Green Dot Corporation. All rights reserved. QuickBooks products and services, including Instant Deposit, QuickBooks Payments, Cash flow planning / forecasting are not provided by Green Dot Bank.

    QuickBooks Payments: QuickBooks Payments account subject to eligibility criteria, credit and application approval. Subscription to QuickBooks Online is required. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services.

    Terms, conditions, pricing, special features, and service and support options subject to change without notice.

  • I'm well-versed in financial services, particularly QuickBooks and its associated features. QuickBooks, developed by Intuit, offers an array of tools for businesses, including Payments and Checking accounts. Let's break down the key concepts mentioned in the article you provided:

    1. Discount Terms:

      • The discount applies to the first three months of service for new QuickBooks customers signing up for the monthly plan using the "Buy Now" option. After that period, the regular monthly price applies.
    2. QuickBooks Payments:

      • This feature is subject to eligibility criteria, credit checks, and approval. It's a service allowing businesses to process payments. However, eligibility and specific features might vary.
    3. QuickBooks Checking Account:

      • This account is opened through Green Dot Bank and is subject to identity verification and approval. It's not provided directly by Intuit but through a partnership.
    4. Instant Deposit:

      • This service by QuickBooks Payments allows for faster deposits into a selected financial institution or debit card, with a 1.75% fee for certain transactions. However, deposits are not guaranteed instantly; there might be delays based on various factors.
    5. Next-day Deposit:

      • Customers using bank transfers (ACH) with QuickBooks Payments might receive next-day deposits once transaction history is established. Timing for deposits may vary for different payment methods and third-party delays.
    6. Payment Dispute Protection (PDP):

      • This is an additional service offered by QuickBooks Payments that covers certain payment disputes initiated by customers. There are coverage limits per dispute and annually, with a service fee ranging from 0.99% to 1.99% based on eligibility.
    7. Product Information:

      • Intuit Payments Inc. is licensed as a Money Transmitter by the New York State Department of Financial Services.
    8. QuickBooks Payments and QuickBooks Checking Accounts:

      • Users need to apply for both accounts when bundled together. Different agreements apply to each service.
    9. QuickBooks Checking Account by Green Dot Bank:

      • It's a banking service, including a Visa Debit Card, issued by Green Dot Bank, operating under various trade names. Deposits are insured up to allowable limits.
    10. QuickBooks Payments:

      • Subscription to QuickBooks Online is required. It's important to note that certain services and support options may change without prior notice.

    Understanding these terms is crucial for businesses considering QuickBooks services. The intricacies of eligibility, fees, and coverage limits should be carefully assessed before opting for these features to ensure they align with the specific needs and financial structure of a business.

    Instant Deposit: Get Real Time Payments | QuickBooks (2024)
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