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QuickBooks POS Merchant Services 2023: Reviews & Complaints
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QuickBooks Point of Sale is a point-of-sale system offered by Intuit as an extension of its popular QuickBooks accounting software. Quickbooks POS allows businesses to combine their accounting and sales into a seamless package. (cookwarejunkies.com) This system is specifically designed for retail businesses. It can alco serve retailers that have both a brick-and-mortar and e-commerce presence.
QuickBooks Point-of-Sale Overview
In May 2017, QuickBooks terminated its co-branded reseller relationship with Revel Systems, and the company’s current POS solution is a software application called QuickBooks Desktop Point of Sale. QuickBooks Point of Sale is most commonly used in conjunction with other Intuit payment solutions like QuickBooks Payments, but it comes with its own pricing and service terms. The software operates as a PC or tablet POS system.
Location & Ownership
Sasan Goodarzi is the CEO of Intuit, which is headquartered at 2700 Coast Ave, Mountain View, CA 94043. Since Intuit’s products are heavily tied with Green Dot Bank, it is possible that Green Dot Bank is the backing bank for its payment processing services.
Table of Contents
- Costs & Contract: Offers three pricing plans for its desktop-based payment software and…
- Complaints & Service: Has received more than 20 public complaints regarding…
- BBB Rating: The Better Business Bureau does not maintain a profile for QuickBooks Point of Sale at this time but…
- Sales & Marketing: Does not appear to hire independent sales representatives and has not received any merchant complaints about its…
QuickBooks Point of Sale Customer Reviews
Here's What Their Clients Say
|Total Online Complaints||25+|
|Live Customer Support||Yes|
|Most Common Complaint||Product Malfunctions|
Moderate Complaint Total
We are currently able to locate over numerous negative QuickBooks Point of Sale reviews across various consumer protection websites. Common complaints include failed or spotty integrations with other services, interface bugs, poor tech support, persistent software and hardware malfunctions, and high fees. In general, dissatisfied users express frustration with the high initial cost of the system and high processing rates.
QuickBooks Point of Sale Lawsuits and Fines
We have not found any outstanding class-action lawsuits or FTC complaints specifically regarding QuickBooks Point of Sale. Dissatisfied merchants who wish to pursue a non-litigious course of action against the company should consider reporting it to the relevant supervisory organizations.
As of 2019 Intuit is facing major allegations and a class-action suit filed by California’s Santa Clara County that the company allegedly duped low-income taxpayers to pay for free tax preparation online. This case is still in litigation, with the most recent update coming in March 2021, when a judge ruled that a $40-million settlement was not enough for consumers in the class.
QuickBooks Point of Sale Customer Support
Intuit offers live customer support during business hours and an FAQ section on its website, and users report varying degrees of success when working with tech support. These service options appear to fall short of our expectations for great payment processing customer service. QuickBooks Point of Sale itself has a low complaint rate for its size, but the overwhelming impression created by business feedback is that it is not an especially cheap or dazzling option.
QuickBooks Point of Sale Online Ratings
Here's How They Rate Online
QuickBooks Point of Sale does not have a dedicated Better Business Bureau report, so this portion of our review will not be factored into the service’s overall rating. Intuit’s main BBB report, which covers its entire suite of products and services, has an “A+” rating. The majority of the complaints filed with the BBB have not been resolved to the complainants’ satisfaction.
QuickBooks Point of Sale Fees, Rates & Costs
A Closer Look at The Contract
Three Pricing Tiers
Intuit offers a wide variety of payment processing options and seems to change its pricing and terms frequently. At this time, the company charges a one-time fee for Quickbooks POS with three different options:
- POS Basic – $1,200
- POS Pro – $1,700
- POS Multi-Store – $1,900
Quickbooks POS Basic allows a business to accept sales including contactless payments. Additionally, POS Basic includes e-commerce integration for retailers that also have an online store. Businesses can also manage inventory, customer data, and access “basic” reporting. The system works with tablets and integrates with QuickBooks Pro, Premier, and Enterprise Solutions. Additional hardware, such as scanners and receipt printers are sold separately.
Quickbooks POS Pro comes with everything that is included in the Basic plan. The additional $500 cost includes sales and promotional programs such as layaway, gift cards, loyalty and rewards. Businesses can also generate purchase orders, manage employees, payroll, and have access to “advanced” reporting. Advanced reporting includes reports for layaway, sales and work orders, and various employee items.
As the name implies, Quickbooks POS Multi-Store allows businesses to have everything included in Basic and Pro, but with multiple locations. Business owners can manage multiple stores, manage and transfer inventory, and generate store-specific reports.
Quickbooks sells a variety of hardware credit card processing options. These include full point of sale packages with scanners, printers, card readers, and cash drawers in both black and white for $900. Or, businesses can customize their point of sale by purchasing only the hardware they need. In general, Quickbook’s hardware costs are competitive with industry competitors.
QuickBooks POS Processing Fees
As of this updated review, Quickbooks is no longer publishing the company’s processing rates and fees. This likely indicates that Quickbooks is offering customized processing rates. Generally speaking, such a pricing tactic is designed to charged businesses as much as possible without losing the account. Quickbooks POS reviews from customers, and our own analyzing of their merchant account statements, suggest that processing rates are expensive. Intuit also makes it difficult for other processing company’s to integrate with the accounting software. As such, the company charges high processing rates knowing that it can be headache for businesses to switch processors. If you are looking for other processing options, see our best credit card processors for Quickbooks integration.
Previosly, Quickbook’s had public facing processing rates as follows: The company’s standard pricing plans consisted of a “Pay As You Go” plan and a “Low Monthly Rates” plan. The Pay As You Go plan did not charge a monthly fee and offered a PIN debit rate of 1%, a swiped rate of 2.7%, and a keyed-in rate of 3.5%. The Low Monthly Rates plan offered a PIN debit rate of 1% plus $0.25, a swiped rate of 2.3% plus $0.25, a keyed-in rate of 3.2% plus $0.25, and a monthly service fee of $19.95.
Monthly, Annual, and Cancellation Fees
Intuit does not mention any PCI compliance fees, monthly minimums, or early termination fees associated with QuickBooks Point of Sale, but that doesn’t mean that these fees don’t apply. Business owners shouldinquire about all possible fees before completely a sign-up. Overall, QuickBooks Point of Sale appears to be much more expensive upfront than its lightweight, cloud-based competitors, but its integration with QuickBooks accounting software and its decent suite of features may make it worth the cost to some businesses. Others should look into top-rated iPad POS options for alternatives. Merchants who are considering QuickBooks Point of Sale should be prepared to operate entirely within Intuit’s closed software ecosystem. We also encourage merchants to check out our list of the providers of the best merchant accounts.
QuickBooks Point of Sale Employee Reviews & Sales Tacitcs
Should You Work For Them?
|Employs Independent Resellers||No|
|Advertises Deceptive Rates||No|
|Discloses All Important Terms||No|
Marketed Under QuickBooks Umbrella
QuickBooks POS is primarily marketed as a subsidiary service under the QuickBooks umbrella. There does not appear to be a specific outbound sales team dedicated to selling QuickBooks Point of Sale. The service is usually advertised to existing QuickBooks business users and it’s likely that an in-house sales team handles the onboarding of new accounts. This compares favorably to our list of best credit card processors.
No Deceptive Quotes
The QuickBooks Point of Sale website does not list any deceptive rate quotes or unrealistic guarantees, but it also does not offer many itemized pricing details for hardware components or software licenses. There are currently no QuickBooks Point of Sale complaints that accuse the company of engaging in deceptive advertising strategies, and we have accordingly given it an “A” in this section.
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