QBO QuickBooks ® Variable Recurring Payments (VRP)
The Best Solution for Variable Recurring Payments (VRP) in QuickBooks®
Today Payments is an Authorized Reseller of Intuit offering a highly robust app that supports both QuickBooks’ desktop and online customers, provide merchants with the tools they need so they can focus more time on their customers and businesses, and less time on data entry."Our Integrated Payments solutions can save a typical small business owner more than 180 hours each year"
See
the features
QuickBooks® ACH, Cards, FedNow and Real-Time Payments
- Payments processing for all QuickBooks desktop, Pro, Premier, Enterprise and also QBO QuickBooks Online Our software is designed for simplicity and ease-of-use.
- ~ Automate Account Receivable Collection
- ~ Automate Account Payable Payments
- ~ One-time and Recurring Debits / Credits
Secure QB Plugin Payments processing through QuickBooks ® specializes in the origination of moving money electronically.
Ask about our special:Using Variable Recurring Payments (VRP) Request for Payments in QBO QuickBooks
Integrating Variable Recurring Payments
(VRP) using a
Request for Payments (RfP) with FedNow and
Real-Time Payments (RtP)
into QuickBooks Online (QBO) through the
SecureQBPlugin.com
brings a seamless, automated Payments experience for businesses.
Here are the key attributes of this integration:
1. Automated Recurring Payments within
QuickBooks:
- With VRP and RfP integrated into QBO via
SecureQBPlugin, businesses can automate recurring invoices and
Payments directly within the QuickBooks interface. Payments
are triggered by RfP and processed instantly through FedNow or
RtP based on pre-authorized customer consent.
- This allows businesses to manage
subscriptions, utility Payments, or pay-as-you-go services
efficiently, eliminating the need for manual intervention.
2. Real-Time Payments Settlement:
- Payments processed via FedNow or RtP
settle in real-time, ensuring instant Payments
confirmation and fund transfers, which improves cash flow for
businesses.
- This immediate settlement enhances the
ability to track and reconcile Payments, reducing the risk of
delays compared to traditional methods like ACH.
3. Dynamic Payments Flexibility:
- The VRP system allows businesses to
collect variable Payments, such as invoices that
fluctuate based on usage or service, with customers’
pre-authorized limits on amount and frequency.
- This is ideal for industries like
utilities, where billing varies month to month, and ensures
Payments stay within customer consented parameters while
updating automatically in QuickBooks.
4. Request for Payments (RfP) Triggers via
QuickBooks:
- Using SecureQBPlugin, RfP is directly
initiated from QuickBooks invoices, prompting customers to
pay either manually or through pre-approved VRP. This ensures
a smooth and automated invoicing process for both fixed and
variable recurring Payments.
- Payments are automatically applied to
invoices, improving bookkeeping efficiency and accuracy.
5. Secure and Compliant Transactions:
- The SecureQBPlugin leverages Open
Banking standards, ensuring that transactions are secure
and compliant with regulations, such as Strong Customer
Authentication (SCA) and encryption protocols.
- The plugin also adheres to compliance
guidelines for FedNow and RtP, ensuring that all transactions
are processed within a secure and transparent environment.
6. Instant Notifications and Real-Time
Reconciliation:
- Both merchants and customers receive
instant Payments notifications as transactions are
completed in real-time. These notifications are automatically
logged into QuickBooks for up-to-date financial reporting.
- This feature streamlines reconciliation
processes, reducing the time and effort required to match
Payments with invoices.
7. Reduced Transaction Costs:
- By bypassing card networks and
traditional Payments gateways, the use of FedNow/RtP within
SecureQBPlugin reduces transaction fees for businesses
compared to credit card or ACH Payments.
- This cost-effectiveness makes VRP using
RfP a highly attractive option for recurring and
high-frequency Payments scenarios.
8. Enhanced Customer Control and
Transparency:
- Customers have full visibility over
their recurring Payments through Open Banking, with the
ability to revoke or adjust consent at any time. This empowers
customers with greater control over their finances
while ensuring predictable Payments within QuickBooks.
- Payments terms (frequency, amount caps)
are easily managed and adjusted directly in QBO.
9. Improved Cash Flow Management for Small
Businesses:
- By integrating VRP with QBO, small
businesses benefit from faster Payments, automatic
reconciliation, and enhanced control over their receivables,
leading to improved liquidity and more accurate financial
forecasting.
10. Multi-Platform Support and
Scalability:
- SecureQBPlugin is compatible with
multiple QuickBooks platforms (desktop, online), allowing
businesses to scale as needed while taking advantage of FedNow
and RtP infrastructure for real-time, scalable Payments
automation.
This combination of VRP, RfP, FedNow, RtP,
and QuickBooks via SecureQBPlugin offers a comprehensive solution
for automating and optimizing recurring Payments, ensuring both
businesses and customers benefit from faster, more secure, and
flexible Payments processing.
Integrating Variable Recurring Payments (VRP) using a Request for Payments (RfP) with FedNow and Real-Time Payments (RtP) into QuickBooks Online (QBO) through the SecureQBPlugin.com brings a seamless, automated Payments experience for businesses. Here are the key attributes of this integration:
1. Automated Recurring Payments within QuickBooks:
- With VRP and RfP integrated into QBO via SecureQBPlugin, businesses can automate recurring invoices and Payments directly within the QuickBooks interface. Payments are triggered by RfP and processed instantly through FedNow or RtP based on pre-authorized customer consent.
- This allows businesses to manage subscriptions, utility Payments, or pay-as-you-go services efficiently, eliminating the need for manual intervention.
2. Real-Time Payments Settlement:
- Payments processed via FedNow or RtP settle in real-time, ensuring instant Payments confirmation and fund transfers, which improves cash flow for businesses.
- This immediate settlement enhances the ability to track and reconcile Payments, reducing the risk of delays compared to traditional methods like ACH.
3. Dynamic Payments Flexibility:
- The VRP system allows businesses to collect variable Payments, such as invoices that fluctuate based on usage or service, with customers’ pre-authorized limits on amount and frequency.
- This is ideal for industries like utilities, where billing varies month to month, and ensures Payments stay within customer consented parameters while updating automatically in QuickBooks.
4. Request for Payments (RfP) Triggers via QuickBooks:
- Using SecureQBPlugin, RfP is directly initiated from QuickBooks invoices, prompting customers to pay either manually or through pre-approved VRP. This ensures a smooth and automated invoicing process for both fixed and variable recurring Payments.
- Payments are automatically applied to invoices, improving bookkeeping efficiency and accuracy.
5. Secure and Compliant Transactions:
- The SecureQBPlugin leverages Open Banking standards, ensuring that transactions are secure and compliant with regulations, such as Strong Customer Authentication (SCA) and encryption protocols.
- The plugin also adheres to compliance guidelines for FedNow and RtP, ensuring that all transactions are processed within a secure and transparent environment.
6. Instant Notifications and Real-Time Reconciliation:
- Both merchants and customers receive instant Payments notifications as transactions are completed in real-time. These notifications are automatically logged into QuickBooks for up-to-date financial reporting.
- This feature streamlines reconciliation processes, reducing the time and effort required to match Payments with invoices.
7. Reduced Transaction Costs:
- By bypassing card networks and traditional Payments gateways, the use of FedNow/RtP within SecureQBPlugin reduces transaction fees for businesses compared to credit card or ACH Payments.
- This cost-effectiveness makes VRP using RfP a highly attractive option for recurring and high-frequency Payments scenarios.
8. Enhanced Customer Control and Transparency:
- Customers have full visibility over their recurring Payments through Open Banking, with the ability to revoke or adjust consent at any time. This empowers customers with greater control over their finances while ensuring predictable Payments within QuickBooks.
- Payments terms (frequency, amount caps) are easily managed and adjusted directly in QBO.
9. Improved Cash Flow Management for Small Businesses:
- By integrating VRP with QBO, small businesses benefit from faster Payments, automatic reconciliation, and enhanced control over their receivables, leading to improved liquidity and more accurate financial forecasting.
10. Multi-Platform Support and Scalability:
- SecureQBPlugin is compatible with multiple QuickBooks platforms (desktop, online), allowing businesses to scale as needed while taking advantage of FedNow and RtP infrastructure for real-time, scalable Payments automation.
This combination of VRP, RfP, FedNow, RtP, and QuickBooks via SecureQBPlugin offers a comprehensive solution for automating and optimizing recurring Payments, ensuring both businesses and customers benefit from faster, more secure, and flexible Payments processing.
Call us, the .csv and or .xml Request for Payments (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of requestforPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payments to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payments Initiation (PAIN .013) show how to implement Create Real-Time Payments Request for Payments File up front delivering message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continuing through a "Payments Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.
Our in-house QuickBooks Payments experts are standing ready to help you make an informed decision to move your company's Payments processing forward.
Pricing with our Request For Payments Professionals
1) Free ISO 20022 Request for Payments File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support
2) We create .csv or .xml formatting using your Bank or Credit Union. Using your invoice information database to create an existing Accounts Receivable file, we CLEAN, FORMAT to FEDNOW or Real-Time Payments into CSV or XML. Create Multiple Templates. You can upload or "key data" into our software for File Creation of "Mandatory" general file. Use either the Routing Number and Account Number for your Customers or use "Alias" name via Mobile Cell Phone and / or Email address.
Fees = $57 monthly, including Activation, Support Fees and Batch Fee, Monthly Fee, User Fee. We add your URI for each separate Payer transaction for additional Payments Methods on "Hosted Payments Page" (Request for file with an HTML link per transaction to "Hosted Payments Page" with ancillary Payments methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1% percentage on gross dollar file,
3) Add integrating QuickBooks Online "QBO" using FedNow Real-time Payments using our Variable Recurring Payments (VRP) system.
Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payments Page" and WYSIWYG
4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.