Intuit Payment Network (IPN) is now part of QuickBooks Payments. It is specially designed for small and mid-sized businesses or freelancers. IPN is a simple and affordable way of sending and receiving payments over the internet. That provides payment processing solutions for businesses.
If you are unsure about Intuit Payment Network’s pricing and features, we’ll guide you through all the essential details in this article. If you comprehend IPN well, then you may as well look into other strong tools provided by Intuit, like the QuickBooks Tool Hub, which assists you in troubleshooting various QuickBooks errors very fast and effectively.
Therefore, read this article to clear all your questions and understand the working relationship of IPN, QuickBooks Tool Hub, and QuickBooks ProAdvisors in not only making your business management easier but also more powerful.
What is Intuit Payment Network?
As we talked over, IPN is an excellent product for small businesses and individuals. It has a facility for sending or receiving payments through the internet. Intuit Payment Network is a great choice to handle your business transactions and other finances. It helps businesses get paid faster through online, in-person, and mobile transactions, with features like payment links, invoicing, and integration with products like QuickBooks Online.
It is the first company that offer credit card processing services that combine with its popular QuickBooks Accounting Software in 2003, when Innovative Merchant Solutions was acquired. IPN has a user-friendly interface that helps to easily combine with QuickBooks. It is also a part of handling an electronic payment with QuickBooks, like Intuit GoPayment, Bill & Pay, and Nelix TransaX.
How Intuit Payment Network work?
IPN is also known as QuickBooks Payments, which works by securely processing customer payments via credit/debit cards, ACH transfers, and digital payments, and receiving funds directly into their bank account.
For The Customer
When a customer pays a payment, their information is encrypted and sent to a payment gateway, which then passes it to a processor for approval. Approved funds are deposited into the business’s bank account, with transactions automatically logged and reconciled within QuickBooks
For The Business
Businesses can accept payments in-person with a mobile reader, online via payment links on invoices, or through a connected online store. Also, managing payments through features like recurring payments and instant deposits.
How to Use Intuit Payment Network Effectively
The Intuit Payment Network is an outstanding tool for businesses to not only simplify but also speed up their payment process if they are efficient in using it. Essentially, the first step is to create an Intuit account and then connect your business bank account to keep the transactions secure and safe. Moreover, if you are billing through QuickBooks or directly sending an invoice via the network, make sure that the billing information is correct in order to avoid any payment delays.
In fact, the most comfortable way would be to just send your client a payment link through which they will be able to pay you online by means of online transfers that, besides being a lot more efficient, are also significantly less expensive than a paper check. Ensure that you are always performing your transactions via your Intuit dashboard, where it will be feasible for you to keep track of the invoices that are still unpaid, paid, or overdue. What is more, the establishment of automatic payments for the clients you have a regular business relationship with will not only enable you to save your time but also make your cash flow more predictable.
Keep it secure by enabling payment notifications so that you are always up to date with the latest transactions. Meanwhile, don’t forget to match your payments with your accounting records regularly if you want to be financially diligent. As well, by giving your clients all the necessary information and making use of Intuit’s reporting tools, you will be able to measure payment behavior and spot the areas where you can raise your productivity. Furthermore, this will not only assure the uninterrupted flow of your finances but will also elevate the trust level of your customers.
Features of Intuit Payment Network
- IPN provides a fast network, and it’s user-friendly.
- IPN is easy to use and understand.
- IPN is affordable, and it provides the best rate.
- It provides instant deposit options and automated invoicing with payment reminders.
- It accepts the mobile bill payment via GoPaymentApp.
Intuit Payment Network: Pros And Cons
Here, we discussed the Pros and Cons of the Intuit Payment Network
Pros of IPN
- Mobile Bill gets robotically uploaded to QuickBooks.
- Easy to Learn and Set Up.
- Convenient for payroll
- Best processing charge and costs
- Fast and User-Friendly
Cons of IPN
- Take a very long time to deposit.
- No budgeting function.
- The webpage takes time to load.
- And it takes time to load the page to access the payment processing information
- It doesn’t provide good customer service.
Pricing Structure of Intuit Payment Network
IPN pricing includes transaction fees that are based on the card type, like qualified, mid-qualified, and non-qualified, and a monthly fee and plus additional fees.
Monthly fee: It means a Monthly Subscription. Some QuickBooks plans may include payment services, while others require a separate monthly fee for reduced transaction rates. In 2025, a YouTube video mentioned a $20 monthly plan with lower rates, though price increases are expected for QuickBooks products starting July 1, 2025.
Discount Rate: The discount rates for Intuit Payment Network vary by transaction type and are often presented in tiers: qualified, mid-qualified, and non-qualified rates. Specific rates also depend on how the card is processed, such as a keyed-in transaction, and whether it meets certain requirements. You will possibly find a differentiation in your discount rate based on the Payment Solution vendor
- Qualified transaction: approximately 1.50% per transaction
- Mid-qualified transaction: approximately 2.42% per transaction
- Non-qualified transaction: approximately 3.76% per transaction
ACH Bank Payment: ACH bank transfers depend on Standard transactions. After a free allotment, standard ACH transactions may cost approximately each. And non-qualified transactions: A (1%) fee applies, with a maximum fee of ($20).
Through the Electronic check(ACH) transaction, it can easily send or receive an electronic payment. And, it does not need any monthly fee, just $0.50 per transaction.
Conclusion
In this blog, we provide you with proper details of the Intuit payment network. In which we discussed the IPN feature and its pricing. And we understand how it works with customers or businesses. I hope you guys got an idea of the Intuit Payment Network (IPN) through this article. If you need any further assistance, you can contact our QuickBooks support team.