In: Accounting
Identify the features of QuickBooks Payments for your client. Select the 2 correct options. (Select all that apply) Customers can easily pay via credit card or ACH debit If customers pay by ACH there is no merchant fee There’s no merchant fee for credit-card payments QuickBooks Payments can process credit-card payments directly from a QuickBooks Online Check
Answer -
Step - (1) - Information given -
Identify the features of QuickBooks Payments for your client.
Select the 2 correct options
Options are -
a) Customers can easily pay via credit card or ACH debit.
b) If customers pay by ACH there is no merchant fee.
c) There’s no merchant fee for credit-card payments.
d) QuickBooks Payments can process credit-card payments directly from a QuickBooks Online Check.
Step - (2) - Selection of 2 correct options -
Correct options | Reason |
Option (a) - Customers can easily pay via credit card or ACH debit. | In features of QuickBooks Payments |
Option (d) - QuickBooks Payments can process credit-card payments directly from a QuickBooks Online Check. | In features of QuickBooks Payments |
Note-
Remaining two options ,that is- option (b) and option (c), both are incorrect options, because there is certain merchant fee for ACH and Credit-card payments, in features of QuickBooks Payments.