Intuit Payment Network: Features, options, and uniqueness

​Intuit is known for its innovation and regular introduction of user-friendly functions and products and that’s one of the biggest reasons for its success. From highly advance accounting software like QuickBooks to tax software like Turbo tax, Intuit never disappoints its users when it comes to product, service and meeting expectations. 

But along with the main products of Intuit, it also keeps on adding new features to its software and one such feature which was added to the QuickBooks accounting software is the Intuit Payment Network Account or popularly known as IPN.

The Intuit Payment Network is an economical and a modern way to receive and send payments over the internet. This robust and secure payment medium has been specially designed for SMEs and individual by keeping their specific payment requirement in mind.

With the help of this advance payment solution, you will be able to accept payment from debit cards, credit cards and even through electronic checks. The process of integration with QuickBooks is also quite easy, quick and seamless. Therefore, you don’t need to worry about pairing the IPN with your QuickBooks accounting software.
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Recently, there were several changes made in the IPN which has now allowed users to accept credit cards, guest payments, enhanced reconciliation without the use of Sync Manager, recurring payments, etc.

What are the other payment mediums which can be integrated with QuickBooks?

​Besides IPN, there are also some other payment mediums which can be easily integrated with QuickBooks and here is the list-

• Bill.com
• Bill and Pay
• GoPaymnet
• Nelix Transax and much more

All these payment mediums have different features and choosing the best one among them totally depends on your business size, need and industry.

What are the unique features of the Intuit Payment Network?

• The IPN is much quicker and faster than the other methods of payment.
• Even while being intact with advance payment features, the IPN is quite user-friendly and mastering the art of payment through IPN is quite convenient is also quite easy.
• And when it comes to the price of this payment medium, then nothing beats its affordability as it is available to be purchased in quite an economical price.
• Reminds your customers to pay the bill. It reduces the hassle of dealing with sending reminders to the customer on a timely basis.
• There is no need to manually update the mobile payment in QuickBooks as it happens automatically in the case of IPN.
• The processing fee of the IPN is also very less but they still don’t compromise on the features of the payment and security of the payment procedure.
• Make and receive payment with just a few clicks while being assured about bank-level security during the transaction.

Because of the growing confusion between different payment mediums like GoPayment, IPN, and others, QB recently combined all of them under a single roof it is now known as QuickBooks Payment. The features of the QuickBooks Payment is a combination of all the features of different QB payment mediums and there are also a few changes made in the new combined payment medium which has made it more effective and productive.