Organizations using QuickBooks in accounting now have the option to simplify payments with their payment solution.
Given that online payments are the standard, people consciously ask—how safe is this method? If you depend on Intuit Payment Solution, making transactions secure needs to be your top priority.
The technology used by QuickBooks Intuit Payments keeps both data and transactions fraud-free. So, let’s dig in a little and test if it is worthy of the confidence everyone has in it.
Security Has Been Included From The Initial Design
Ensuring security isn’t a special extra for QuickBooks Intuit Payments. It exists from the beginning of the process. With end-to-end encryption, your customer’s data is hidden from threats in between customer and bank.
That is a good level of protection. They also work to meet the PCI-DSS measure set.
If you found that description too technical, think of 3-D Secure as the leading standard in payment security. All necessary conditions for protecting cardholder information are fulfilled by QuickBooks.
Logging In With Both A Code And A Password
Now, merely keying in a password to log in isn’t safe anymore according to QuickBooks. That’s why two-factor authentication is needed. A code, delivered to you by text or email, is now needed each time you or your team log in.
You can go further with QuickBooks and assign specific roles to employees. It’s up to you who will take on which roles in your organization. It’s good for your assistant to prepare invoices, but not to deal with money transfers into the bank.
It’s not difficult to put into place. It helps ensure the workplace is both secure and protected from fraud. We also can use activity logs. It’s easy to identify who changed the document and when.
Fraud Detection Tools In The Background
Looking for suspicious behavior matters as much as making sure your doors are secure. QuickBooks Intuit Payment Solution comes with QBO subscription pricing hidden processes that check for fraud.
Let’s suppose there is a sudden effort to process lots of payments from somewhere or something you haven’t used before. You could get flagged for that. The system will save or review email until you are confident it’s not spam.
Tools for controlling chargebacks are available too. If someone disagrees with a payment, QuickBooks sets you up to respond right away with what you need.
They Let You Know What’s Happening Instantly
Having the latest information allows you to respond while Rancher does a nice job of keeping you updated. You’re kept aware in real time when payments go through, logins take place, transactions fail and so on.
So, as soon as your credentials are used to log in, you’ll get a message. You’ll know right away if someone sends a big transfer or you receive money into your bank.
If your business uses QuickBooks for accounting, handling payments becomes simpler with their payment system. Online payments are the norm now. So it’s fair to ask—how safe this is?
How QuickBooks Ensures Both Compliance And Privacy
Taking care of customer payments calls for handling data legally. QuickBooks takes care of your compliance issues. As well as meeting PCI-DSS standards, they include compliance with GDPR and CCPA where they are needed.
They describe clearly the ways they collect and use data. You and your customers know which information is collected and why. There are areas where you can control who sees your data and control your permissions.
End-to-end encryption keeps customer information hidden. As the data moves between your customer and the bank, it stays out of reach from prying eyes. This makes it harder for hackers to break in.
Coming To A Close
QuickBooks Intuit Payments ensures you receive your money and does so in a secure way. They take care of essentials such as encryption, two-step login and warning about fraud.
If you add compliance support and real-time information, the system becomes trustworthy. Naturally, it is not possible to build an unbreakable system. Still, QuickBooks helps you handle risks in a way that isn’t overwhelming.
If security is important in your business, this makes things safer for your payments. QuickBooks Intuit Payments doesn’t treat security like a bonus. From the moment a transaction begins, the system protects your data.
