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PayPal & Venmo*: The newest ways your customers can pay in QuickBooks Payments

Today, QuickBooks is excited to announce even more ways to get paid with PayPal and Venmo as new payment options for customers. QuickBooks enables small businesses the ability to provide their customers with greater flexibility and choice to pay how they want. 

While QuickBooks Payments already accepts the most popular payment options like credit card, debit card, ACH, and Apple Pay®, the addition of PayPal and Venmo gives customers even more options to pay using their preferred method of payment. QuickBooks data shows that roughly 150,000 customers a month accept payments through PayPal.

Customers are more likely to pay when they see their preferred payment options. Regardless of payment type, transactions processed through QuickBooks Payments are automatically matched** in your QuickBooks Online account, thus saving you time to focus on running your business. There’s no need for you to set up or connect your own PayPal or Venmo account. Payments are automatically matched and funds directly deposited into your account. You’re in control of your cash flow and can see when customers view invoices or make payments. 

Spend less time managing multiple payment apps and more time managing your business directly in QuickBooks. When accounts have timely reporting and reconciliation, you can get a more holistic snapshot of your business finances and more effectively manage cash flow, and outstanding payments.


*Venmo: Available in the US only. 

*Payments account subject to eligibility criteria, credit and application approval. 

*Subscription to QuickBooks Online is required. Not currently available on invoicing for QuickBooks Online Advanced users.

**Automatic Matching: QuickBooks Online will only match bank deposits with transactions processed through QuickBooks Payments. Not all transactions are eligible and accuracy of matches is not guaranteed.

QuickBooks Payments: QuickBooks Payments account subject to eligibility criteria, credit, and application approval. Subscription to QuickBooks Online required. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services.

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