If you’re a QuickBooks Online user, you’ll be glad to know Intuit’s financial solution has added another way for customers to pay you your deserved fees. The online service has activated Apple Pay on the Web.
Intuit claims that small businesses who do not use an online payment offering [take] 28 days to get paid, and 64 percent of small businesses have invoices that go unpaid 60 days or more. Services like Apple Pay are said to reduce payment times by 15 days on the average.
The new feature will be enabled for all future invoices created by registered users. Unfortunately, users of other versions of QuickBooks will have to wait to take advantage of the Apple Pay feature, as it isn’t available for them as yet.
When users go to pay an invoice in QuickBooks Online, they’ll have the option of pressing the Apple Pay button at checkout, and will authorize the payment using Touch ID on their iPhone, or via their Apple Watch.
Key benefits include:
- Getting Paid Faster – QuickBooks Invoicing and Apple Pay offer small businesses customers the ability to view and pay an invoice with a single touch without having to spend time searching for their wallet and finding the right card. QuickBooks customers can have Apple Pay enabled automatically on their invoices. For small businesses this could mean less time with collections and more time growing their business.
- Increasing Protection – Transactions made with Apple Pay on a customer’s Mac, iPhone or iPad require Touch ID – Apple’s fingerprint reader – authentication or passcode, helping to decrease fraud and chargebacks. In addition, small businesses don’t receive the customer’s actual credit or debit card numbers when they pay with Apple Pay.
- Saving Time on Accounting – Detailed transactions from Apple Pay will be automatically entered and categorized in QuickBooks Online, saving small businesses valuable time because they don’t need to manually enter their sales data.
QuickBooks Online packages start at $10 per month. and is supported on Chrome, Firefox, Internet Explorer 10, Safari 6.1, as well as Chrome on Android and Safari on iOS 7 or newer.