Quickbooks Credit Card Processing Kit V4.0 [OLD VERSION]

by Intuit

Product Features

• The easy, low-cost way to accept all major credit cards using your computer
• No long-term contracts or commitments, no costly terminal to purchase
• Create customized estimates and invoices
• Bill your customers regularly and track payments
• Includes live customer support and a money-back guarantee

Product Details

• Shipping Weight: 3.2 ounces
• Shipping: Currently, item can be shipped only within the U.S. and to APO/FPO addresses. For APO/FPO shipments, please check with the manufacturer regarding warranty and support issues.
• ASIN: B000V4RV70
• Item model number: 404129
• Date first available at Amazon.com: September 5, 2007
• Average Customer Review: 1.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #11,736 in Software (See Top 100 in Software)

Product Description

Amazon.com

Improve cash flow and reduce accounts receivable by accepting credit card payments right in your QuickBooks software. It’s easy since everything is built into QuickBooks allowing you to accept credit cards in the same screens you already use. You can also e-mail invoices to your customers and enable them to pay you online with their credit card--and you get notified when they pay.

Accepting credit cards has never been easier.

Process Credit Cards Enter payment data into the Payment screen. Simply click the box titled "Process Credit Card When Saving" to charge your customer's credit card. You can also record and process credit card transactions through the Sales Receipts screens in a similar method.

Verify Credit Card Information After entering the amount of the sale on the Payment screen, you will be prompted to enter your customer's credit card information. Once this is done, simply click Submit and the credit card will be processed.

Face-to-face If you do face-to-face transactions, use our card reader. Credit Card data will be automatically transmitted to the Credit Card Processing Kit and you can take advantage of our low 1.79% card-swiped rate.

After the Card is Processed Each business day, your transactions are sent to QuickBooks Merchant Services for processing. Usually within two to three business days, the funds will be released and deposited into your bank account. Transaction fees are debited at this time. Each month, you will receive a statement with your account activity.

Features & Benefits

Low cost	No set up fees No monthly minimum payments Only $14.95 per month No terminals to lease/purchase No long-term contracts or commitments
Accept payments anytime, anywhere*	Process transactions from your PC Internet connection or call for a voice authorization.
Accept all major credit cards	Including Visa, MasterCard, American Express, Discover, Diners Club/Carte Blanche, and JCB
Technical support	LIVE support, available 24/7/365!* Have question? Call us anytime at 1-800-558-9558. We'll walk you through the process step by step.
Money back guarantee	Money-back Satisfaction Guarantee: If you're not satisfied, return it within 60 days of purchase with your dated receipt for a full refund of the purchase price.
Invoice/estimate capability	Create customized estimates and invoices for your business.
Billing/tracking capability	Bill your customers regularly and track payments.

* Subject to occasional downtime due to systems and server maintenance.

Credit Card Processing Fees

FEES	CREDIT CARD PROCESSING KIT	PROCESSING VIA A TERMINAL
Start up costs	The cost of the kit	Terminal $650
Monthly fees	$14.95 - Waived for 2 months1	$10 - $25
Monthly minimum fees	No monthly minimum	$20 - $25
Transaction fees for Visa and Mastercard2	1.79% (card swiped) 2.69% (key entered)	1.76% - 3.29%
Per authorization2	30¢	20¢ - 40¢
Cancellation fees	None - cancel anytime	Up to $395

1 Limited time offer. Pay only transaction and discount rate fees for the first two months. Regular monthly fees of $14.95/month are waived if you sign up within 30 days of purchase.
2 Rates subject to change. Credit card reader required for card swiped rates; sold separately.

Product Description

Improve cash flow and reduce accounts receivable by accepting credit card payments right in your QuickBooks software. Download credit card fees and check funding status of batches so you can keep your bank balance in QuickBooks up-to-date. No terminal needed and there are no long-term contracts or cancellation fees.System Requirements: Processor: IBM Compatible 1.8 GHz Intel® Pentium III (or equivalent) Memory: 512 MB of RAM Minimum System Requirements Processor: IBM Compatible 500 MHz Intel® Pentium II (or equivalent) Memory: 256 MB of RAM Operating System: Microsoft® Windows XP/Vista Hard Disk: 1 GB of disk space for QuickBooks installation. Additional space required for data files. CD-ROM Drive: 2X CD-ROM Monitor: optimized for 1024x768 supports 800x600 with small fonts Modem: All online services/features require Internet access with at least a 56Kbps modem Printer: Works with any printer supported by Windows XP/Vista For Vista users 1.2 GHz Intel Pentium III (or equivalent) and 1 GB RAM Format: WIN XPVISTA Genre: BUSINESS / FINANCE UPC: 028287017054 Manufacturer No: 404129

Customer Reviews

Most Helpful Customer Reviews

4 of 4 people found the following review helpful:

1.0 out of 5 stars Risk not getting paid for over three weeks for approved transactions, May 13, 2009

By 

PnM - See all my reviews

This review is from: Quickbooks Credit Card Processing Kit V4.0 [OLD VERSION] (CD-ROM)

The convenience of integrating credit card transactions with the Quickbooks accounting software is attractive because it reduces the chances of error. However, all this is useless if your money will not be released. We have almost $10k in approved credit card transactions that this company is not releasing even after going through the process of opening a merchant account. When you apply, your business will undergo an underwriting process to make sure that you will not be making fraudulent transactions. A guarantor was necessary in our case to make sure someone will be ultimately responsible in case of a fraudulent transaction. Apparently this was not sufficient. We had to ask our customers to call their issuing banks and confirm the charges made on their credit cards, but Innovative will not recognize that. They will not make any effort to contact either the bank or the credit card holder to verify the charges. They will leave it up to the merchant to ask their customers to call Innovative Merchant Solutions and confirm the charge. I have been a credit card consumer for more than 2 decades, and I know that I can dispute any questionable charge that appears on my account. This was not even the case with any of our customers. They already had possession of the merchandise on the day of the transaction. Even if our customers do contest the charges, we, especially the guarantor, would ultimately be responsible, and Innovative can issue a chargeback on your merchant account. At their request, we have submitted numerous documents about our company, but they do not seem to know exactly what proof they want to see to show that the business is legitimate. They have our Federal Tax ID#, Articles of Incorporation, Business Permit, and Seller's Permit, documentation on all the charges in question and more. After having seen all these documents, they came back asking for more information. They will frustrate you asking for information on your company piecemeal.
If you are attracted to the convenience of integrated credit card processing with quickbooks, think long and hard before opening a merchant account with Innovative Solutions. It is anything but convenient.