I know that receiving payments in a timely manner is a lifeline for small business owners. Let me explain why your payment might be temporarily on hold and what this means for you, summerstaxes11.
Customer payments may be placed on hold when our system identifies areas that need further verification in a merchant's account, specific transactions, or customer information. This precautionary step is implemented to maintain the integrity and security of our payment processes.
Rest assured, this is a standard procedure designed to protect both merchants and customers. While it may cause a short delay, it ultimately ensures that all transactions are legitimate and properly handled.
In most cases, holds are triggered in the following situations:
- Your payment processing exceeds your account's established maximum dollar amount
- A transaction is processed after multiple failed authorization attempts
- Certain transactions require verification of your business type to comply with the Intuit Acceptable Use Policy
- Our systems detect processing patterns that could pose a risk to you, your customer, or Intuit
You'll receive an email outlining the necessary information or documentation to release the payment. Please check your inbox for these instructions and follow the steps to address any issues. Once we receive all required information, our review process usually takes up to two business days, after which we can proceed with processing your payment.
You can refer to these articles for additional information about this process when receiving online payments from your customers:
Additionally, you can always check this article for more information about funding time for QuickBooks Payments: Find out when QuickBooks Payments deposits customer payments.
The Community is always available if you have questions or need assistance with customer payments or any other aspect of using QuickBooks Online for your small business. We're committed to supporting you, so please don't hesitate to reach out with any concerns or inquiries.
