QBO QuickBooks ^® High-Risk Merchants using Instant Real-time Payments

• ~ Automate Account Receivable Collection
• ~ Automate Account Payable Payments
• ~ One-time and Recurring Debits / Credits

Secure QB Plugin payment processing through QuickBooks ^® specializes in the origination of moving money electronically.

Ask about our special:

Request for Payments

Integrating SecureQBPlugin.com with QuickBooks for high-risk merchants using RTP (Real-Time Payments) and FedNow offers a strategic advantage in reducing transaction processing fees and easing the underwriting process. This solution can be applied across various sales channels, including B2B and C2B transactions, POS systems, E-commerce, and MOTO (Mail Order/Telephone Order). Here’s a guide on how to leverage SecureQBPlugin.com effectively for these purposes:

Reducing Transaction Processing Fees

1. Direct Bank-to-Bank Transactions: SecureQBPlugin.com facilitates RTP and FedNow payments that allow direct bank-to-bank transfers. This avoids the higher fees associated with traditional payment processors and card networks, which typically charge more for high-risk merchant accounts.
2. Bypassing Intermediaries: By enabling transactions directly between bank accounts, SecureQBPlugin.com eliminates the need for intermediaries who add extra layers of fees for risk management services. This results in cost savings for high-risk merchants.
3. Improved Cash Flow Management: With real-time payment processing, funds are available almost instantaneously, improving liquidity and reducing the need for costly short-term financing options often used by high-risk businesses.

Streamlining Underwriting Processes

1. Lower Risk Profile: The finality of RTP and FedNow payments reduces the risk of chargebacks and fraud, which are common concerns in high-risk industries. This could lead to a reassessment of the risk level associated with the merchant, potentially leading to reduced underwriting requirements.
2. Enhanced Transaction Data: SecureQBPlugin.com provides detailed transaction data, which can be used to demonstrate a stable transaction history and improve the merchant's credibility with financial institutions and insurers.

Implementing Across Sales Channels

• POS Integration: SecureQBPlugin.com can be integrated into POS systems to accept RTP and FedNow payments in physical retail environments, reducing the dependency on high-fee card processors.
• E-commerce: For online sales, SecureQBPlugin.com can be integrated into the merchant’s e-commerce platform, enabling customers to make instant payments through FedNow and RTP directly at checkout.
• MOTO: SecureQBPlugin.com allows for the integration of RTP and FedNow into systems where orders are placed via mail or phone, facilitating immediate payment processing and reducing the risks associated with delayed payments.

Steps for Implementation

1. Integration with QuickBooks: Work with SecureQBPlugin.com to seamlessly integrate RTP and FedNow payment options into the QuickBooks environment. This ensures that all transactions are automatically recorded and reconciled within the merchant’s accounting system.
2. Customize Security Settings: Given the high-risk nature of the transactions, customize the security settings to ensure all payment processes meet the highest standards of data protection and fraud prevention.
3. Educate Staff and Customers: Train staff on how to handle the new payment systems and educate customers about the new payment options, emphasizing security, speed, and convenience.
4. Compliance and Monitoring: Continuously monitor transactions for any suspicious activities. Ensure compliance with all regulatory requirements, including anti-money laundering (AML) and customer due diligence (CDD).
5. Feedback and Optimization: Collect feedback from users and analyze transaction data to continuously optimize the payment process, addressing any issues or inefficiencies that arise.

By utilizing SecureQBPlugin.com to implement RTP and FedNow in QuickBooks for high-risk merchants, businesses can significantly reduce their transaction costs and streamline financial operations. This integration not only offers a financial edge but also enhances operational efficiency, making it an invaluable tool for high-risk merchants in various sectors.

Do you currently Post & Sync in QuickBooks from payment processors for invoicing? Use the SecureQBPlugin to Stop the error prone and tedious process that wastes hours and resources. Enjoy an integrated software solution that reduces errors and wasted time because of the need to retype response data into your payment record. Eliminate over 7 clicks and numerous screens for each transaction - OH my- that's too much.

There is an industry wide move to data rich integrations for payments and banking. The current methods are problematic and waste time and resources because "after-the-fact" bank feeds need to be manipulated or had edited. The SecureQB Plugin system allows the integration of financial records and allows the presentation of bank transactions in QuickBooks Desktop & QuickBooks Online, QBO.

Call us, the .csv and or .xml Request for Payment (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of RequestForPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payment to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payment Initiation (PAIN .013) show how to implement Create Real-Time Payments Request for Payment File up front delivering message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continuing through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.

Our in-house QuickBooks payments experts are standing ready to help you make an informed decision to move your company's payment processing forward.

 1) Free ISO 20022 Request for Payment File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support

2) We create .csv or .xml formatting using your Bank or Credit Union. Create Multiple Templates. Payer / Customer Routing Transit and Deposit Account Number may be required or Nickname, Alias to import with your bank. You can upload or "key data" into our software for File Creation of "Mandatory" general file.

Fees = $57 monthly, including Support Fees and Batch Fee, Monthly Fee, User Fee, Additional Payment Method on "Hosted Payment Page" (Request for file with an HTML link per transaction to "Hosted Payment Page" with ancillary payment methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1% percentage on gross dollar file,

3) We add a URI for each separate Payer transaction. Using URI, per transaction, will identify and reconcile your Accounts Receivable.

Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payment Page" and WYSIWYG

4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.

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Start using our Bank Reconciliation:

 Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds

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