FIRST DEPOSITS

With Intuit, the first deposit of every user will typically be completed within five business days from when the transaction was made. This process only happens with the first deposit of every user.  However, it is not uncommon for situations to arise that might call for intervention. However, if you go without requiring this, you can proceed with opening and configuring your merchant account. After that, any transaction you make will be finished and deposited within two business days after the original transaction.

If you experience a delay in receiving your funds, there are several steps you can take. Check the transactions in the batch to see if they include a refund, return, or credit. If so, don’t worry. Your money should be on its way. These transactions can sometimes delay a batch deposit for up to six calendar days if their total is more than the threshold for your business. 

After you have checked the payment status and Intuit has deposited the payments, your money is on its way. However, some banks hold onto funds after they are deposited. At this point, you’ll need to work with your bank if they require additional steps. If you checked with your bank but still need help, contact Intuit’s customer support team.

TRANSACTION REQUIREMENTS

To perform transactions with Intuit, you need to have an Intuit account. You can create a new account by visiting the Intuit website and following the prompts. To create a new Intuit account, please follow these steps:

1. Go to the Intuit website.
2. Click on the “Sign In” button at the top right corner of the page.
3. Select the “Create an account” option.
4. Enter your email address and phone number.
5. Create a password.
6. Follow the prompts to complete the account creation process.

Once you have created an Intuit account, you can use the Instant Deposit feature to receive payments in real-time. 

DEPOSIT LIMITATIONS

You can accept payments from clients instantly with Intuit thanks to a feature called Instant Deposit. Your prior transactions with Intuit determine the Instant Deposit daily deposit cap. New accounts have an initial $5,000 daily cap, which can be increased as long as you maintain good standing with Intuit and expand your business. $25,000 is the daily maximum for Instant Deposit. 

CONTACTING INTUIT

You can take the following actions to make complaints directly to Intuit on the occasion that you need to:

1. Visit the official Intuit website.
2. Select the “Contact Us” button at the base of the webpage.
3. Decide which product you’re using and what problem you’re having.
4. Select the phone or chat option to contact the Intuit support team.
5. To talk with a representative, adhere to the instructions.

Instead, you can contact QuickBooks Desktop help by selecting Contact Us from the Help menu after choosing QuickBooks Desktop Help/Contact Us.

CONCLUSION

In conclusion, Intuit provides a robust and efficient platform for handling business transactions. The process to start transacting with Intuit is straightforward, requiring only the creation of an Intuit account. As businesses grow and maintain good standing with Intuit, they can enjoy increased daily deposit limits. Therefore, Intuit stands as a reliable partner for businesses, offering solutions tailored to meet their transaction needs. Remember, in case of any issues or delays, Intuit’s customer support is just a few clicks away. Happy transacting with Intuit!