Why are payments limited to $240 on bank transfers? How do I get that increased?
Thanks for reaching out to us here in the Community. I'd be happy to help get your question answered.
QuickBooks Online Payments is a great tool you can use to accept online payments from your customers in a quick and convenient way. Processing limits are set up by default when you sign up for the Payments service. I know how important it is for you to be able to process larger amounts for your business transactions.
This is a question that will have to be directed to our Merchant Services team. This team handles everything related to QuickBooks Online Payments, and they'll be able to look into increasing this limit for you. This is the only department that will have access to your private payment information.
Reaching out to them also ensures that your sensitive information is protected. Your privacy and account security is of the utmost importance to us here at QuickBooks Online.
Please reach out to Merchant Services at 855-253-1536, from Monday to Friday, 9am - 9pm EST.
If you have any questions, please let me know.