Skip to main content

Visa and Quickbooks Enable Fast Access to Money for Business Owners

 A vast majority of small and medium scale business owners are seen lamenting about the slow speed of money processing. They say that the time it takes for the money to be processed and show in their bank accounts is too long after a customer has made the payment. Slow money processing has an adverse impact on the cash flow of the business. Quickbooks support has now made a difference to this situation by giving a faster, almost real time access to cash to the business owner after receiving payment from a customer.

The new feature introduced by Quickbooks is called Instant Deposit and it makes available cash instantly to the business owner almost at the same time when a payment has been made by a customer. These business owners can access this money using their Visa debit cards to improve their cash flow situation.

To be able to use this facility, all that Quickbooks users have to do is to integrate Visa Direct capabilities into the new feature announced by the company. If the merchant has his Visa debit card linked to his bank account, he will be able to transfer funds received by a customer instantly into his bank account.

According to reliable sources, Quickbooks support was working for quite some time now to resolve the problem of low cash flow experienced by small business owners. The company talked about it in early 2019 in many of its reports where it was revealed than nearly 2/3rd of small business owners admitted a severe impact on their cash flow because of the long time banks took to process the money received from their customers.

Quickbooks made an arrangement with The Bancorp Bank to facilitate real time transfer of funds into the bank account of its merchants using Quickbooks Payment after tying up with Visa Direct. With this new feature that Quickbooks has termed as Instant Deposit, small business owners will get relief as they will be able to run their businesses smoothly.

VP at Quickbooks Capital, Raina Succar, has said that Instant Deposit will prove to be a game changer for many small business owners. He added that the company is committed to solving the financial problems of its customers. Customers using Quickbooks Payment will now enjoy real time payment processing which will improve the health of their businesses.

On its part, Visa Direct has agreed to transfer funds into the accounts of these merchants by charging 1% extra fee for faster processing of money. This integration of Quickbooks with Visa Direct will benefit thousands of small business owners. Many businesses that face the prospect of closure on account of low cash flow will now be able to survive and flourish with this new feature announced by Quickbooks.

Business owners say that they are happy with the arrangement even though they have to pay a small fee to Visa Direct for real time processing of their money. Quickbooks support means these business owners will enjoy peace of mind as they can pay their employees and also use the capital for whatever their business needs.

more information :aim mail

Comments

Post a Comment

Popular posts from this blog

Google Chrome Support Makes It the Most Popular Browser of the World

 Google’s Chrome browser has become the most loved browser around the world with Apple Safari being a distant second on the horizon. There is a strong reason why customers love this browser that is fast and lean on resources of the system.  Google Chrome support   has ensured a browser which allows users to be free from the worries of their safety and privacy as it is packed with the latest and most advance features. If you are using Google Chrome as your browser in your devices, you can rest assured of a fast and pleasant surfing experience on the web. Google has recently launched a new version of its Chrome browser. It is referred to as Chrome 91 and it is packed with new and exciting features and functionalities. One reason why Chrome has won the confidence and trust of the users is that it has been upgrading the browser according to the desires and requirements of its consumers. Of late, the  Google Chrome support team  has been working overtime as it is la...
Post a Comment
Read more

At&t Best in 5g, Offering Free Smartphones to Customers

 AT&T is the number one telecommunications company of the country with footprints in not just landline and mobile telephony but also in broadband internet and digital entertainment. If you are a subscriber of this company, you must be a happy and satisfied customer. Recently, AT&T became Nation’s best 5G network after it was crowned as the most reliable 5G network of the country. A large role in this success is played by  AT&T support  that lives up to the expectations of the customers all the time. Global Wireless Solutions ran a survey in all 50 states across the country in order to find out which service provider is the best 5G network in the eyes of the consumers. In this survey, it was found that a vast majority of AT&T customers said that they were able to access 5G in most of the places. It was not the first time for AT&T to be given this award by GWS. This is the 4 th  time in a row in 4 years that the company has received this award in 4...
Post a Comment
Read more

Quickbooks Online: Complete Financial Solution for Small Businesses

 Quickbooks Online is a product from Intuit that has helped thousands of proprietors and small business owners greatly in financial management. They can access this program anytime and anywhere from a digital device as it is web based. Realizing its growing demand among users, Intuit has made Quickbooks Online more powerful with addition and improvement in features and functionalities.  Quickbooks support  has turned this program into a complete package useful even for growing businesses. One reason why growing businesses are getting attracted to Quickbooks Online is because it is scalable. It can be customized to suit the requirements as a company increases its customer base and area of operations. There are as many as 5 versions of this program that a customer can choose from according to his present and future requirements. For a growing business, there is an advanced Quickbooks Online that can be used by up to 25 employees at the same time. Also, there is an internati...
Post a Comment
Read more