There is no denial in the fact that in order to make your business successful, you will have to focus on various different department and you can’t miss even one of them, but you should also know that there is one part of the business where you can never leave a room for error and this part is known as the payment part of your business.
All the money that you are going to spent and all the money that your customers are going to spend is going to come through the payment processor that you have chosen for your business and this is the main reasons why each and every type of business needs to focus on its payment processing so that nobody has to deal with any type of issue during the transaction.
Although there are different ways in which payment is made to a company and this is one of the main reasons why most of the businesses offer different types of payment processing mediums but you should know that a major portion of payment, in all over the world, is made only through credit card and this is why, in this blog post, we are going talk about which will be the best credit card payment processing platform for your business in 2020 and what is its feature that will make your business deal with credit card processing with ease. But before that, we will need to understand, why credit card processing is important.
Why credit card processing is important?
If you will not have a seamless, secure and simple credit card processing system in your company then you will never be able to encourage customers and other partners to actually spend money on your products or services. Along with this, you, yourself as a business will find it very difficult to deal with any kind of payment made to the supplier if you will not have a seamless credit card payment process that will make your payment journey simple and effective. So, these are some of the reasons why better credit card processing is very necessary.
What is QuickBooks and why it is the best credit card processor in 2020?
QuickBooks is basically accounting software that can be hosted on the cloud as well. This advanced accounting software that has complete dominance in the U.S and is growing at a very fast pace in other parts of the world as well is developed and marketed by Intuit. You should know that there are different versions of QuickBooks accounting software available in the market like Pro, Premier, Enterprise, and Accountant. Even with a long list of benefits and accounting features, using this advanced accounting software is very easy and this is why it is preferred by SMEs and accounting professionals from all around the world.
If you will be using QuickBooks, then you will get the best of both the worlds, the ease of using QB, and the competitively priced credit card processing system. You should know that there are many different types of processors that offer either data export or integration with QB and this eliminates each and every type of manual data entry involved in payment and accounting.
But you will always need to be wary of the version of the accounting software that you are using while trying to integrate it with the data processor.
The different types of QB solution
There are basically three different types of QB solution available in the market and these are as follows:-
QuickBooks accounting software
This is the accounting software about which most of the SMEs, owners talk about while discussing QuickBooks and it can be used for managing accounts payable, sales track, invoice creation, and even for tax reports.
You should know that the Payment from QB is just the payment processing branch of Intuit QuickBooks and it can be used for accepting online payments.
QuickBooks Point of Sales Software
The Point of Sales is basically specialized software from Intuit and it is basically used for accepting credit card payment when a customer is standing with a card like in a retail shop.
What features make QB the best credit card payment processor in 2020?
Many options- One of the best things that make this accounting software the best credit card processor in 2020 is its wide array of options for integration. You will not be limited to only a couple of credit card processor integration when you will choose QB as your accounting partner.
Completely secure- Another great thing about QB that makes it a star of the credit card payment processing is security. Millions of people trust QuickBooks for their financial data and this is why you can trust the high-tech security measures and techniques applied in this accounting software for making payment 100% secure and safe.
Elimination of manual data entry- Credit card payment information is one such area of your business where you will never wish to make mistakes, but with manual data entry, you will always be prone to errors. This is why choosing QB is necessary since it automates data entry and minimizes errors.
Easy integration- It doesn’t matter which type of payment processor you will choose to integrate with QuickBooks accounting software, the process will always be smooth and seamless and this is what makes QB your perfect partner for credit card payment processing.