Inuit Payment Network Overall Rating
Intuit Payment Network Overview
Intuit Payment Network (ipn.intuit.com) is a payment and money transfer service created by Intuit Inc., the maker of the popular small business accounting software, Quickbooks. The service is similar to that of PayPal and Dwolla and allows for bank-to-bank money transfers/payments as well as facilitates credit card payments. Intuit Payment Network has no setup fees, monthly fees or cancellation fees. Receivers of bank-to-bank payments pay only a flat fee of 50 cents per transaction (sending money is free) and accepting credit card payments costs 3.25% of the transaction amount. The service also includes e-commerce-like features such as payment buttons, email invoicing, recurring payments, as well as fully integrates with Quickbooks.
Unlike some of its competitors, Intuit does not require customers to have and Intuit Payment Account and allows them to pay via a “guest account” to make for a smoother payment process. Intuit states that bank account information (such as account numbers) is never shared between buyers and sellers.
Intuit Payment Network does not have a dedicated Better Business Bureau (BBB) profile and Intuit’s main profile encompasses numerous other products, so we will not include it for the purposes of this initial review. Outside of the BBB this review found only one complaint which regarded difficulty with the signup process due to the customer being located outside of the United States.
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