Quickbooks ranks among the most popular accounting software platforms globally. More than 4.5 million small business owners and self-employed pros use the platform for straightforward, turnkey accounting solutions. The platform also processes card payments. Their in-house processor, Quickbooks Payments, serves as the default for most new merchants.
Quickbooks Payments is convenient, but their steep rates range from 2.9% + $0.25 to 3.4% to $0.25. Opt for third-party processors instead to minimize your processing fees per transaction. The platform accommodates various processors, such as Durango, Shopify, Payline Data, Dharma Merchant Services, and PayPal.
Can small businesses accommodate overseas transactions? Of course — and Processing Card can guide you through the process. Read our in-depth comparison review of the best mobile payment processors for overseas transactions.
See how Quickbooks Payments stacks against third-party processors when it comes to processing fees per transaction:
We encourage Quickbooks users to explore their third-party processors. Quickbooks Payments is a reliable platform, but they charge some of the highest processing fees in the industry. You could end up losing thousands in profits every month.
Not sure if your business would benefit from Quickbooks? Processing Card can help. Check out our quick piece on the fees that Quickbooks charges. See if their rates match your budget!
Florence Carpenter is passionate about ensuring that the process of opening merchant accounts is as straightforward as possible. She graduated from the University of Michigan with a bachelor’s degree in Marketing.
