intuit payment network phased out??

Question

so i am on hold as i type with Intuit and the CS rep just told me that intuit payment network is being phased out.

He was surprised that I have not gotten a communication from them telling me that. He said "it will happen sooner rather than later in 2016".

if true... well, damn! i just went from William Paid to Intuit and now this!

I asked "whats the new platform and he said "Merchant Services, but i'd have to put you to the Sales team".

i have spoken to Intuit 2-3 times in the past 2 weeks and this is the news to me.

anyone else aware of it?

Gabe G. · Answer

Stupid companies.

I am sick of this. Williampaid now this piece crap company.

You can't keep having your tenants jump through hoops

Because a crappy company, can't provide a service long term.

Or want to use to scam you into some product you dont need.

Jeff Bridges · Answer

Unfortunately IPN.com is being phased out starting May 31. They are forcing all users to obtain a paid subscription to quickbooks, which has a built-in invoicing feature that offers this payment service at the same transaction rate. The payment feature will no longer be available as a standalone feature and they rope you into a $13/$26 per month plan for the privilege continuing to use these services. Users that don't care about quickbooks or want the $312 annual subscription cost will likely want to search elseware. The details are below:

http://support.quickbooks.intuit.com/support/articles/INF29563

George P. · Answer

check out my other thread...

https://www.biggerpockets.com/forums/52/topics/288...

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Account Closed · Answer

Very frustrating, I just got notice of this. Sounds like you must get the $13/26/mo Quickbooks subscription AND they still charge the 50cent fee for each payment!

I've had several similarly frustrating instances with Inuit in the past year. I'm done.

Anyone know another service that charges a flat fee per transaction that is close to $0.50?

George P. · Answer

exactly my feelings.  we are made to look like fools for telling the tenants to use yet another company this year.  really professional!

George P. · Answer

there are a lot of other services, but i am continuing to use IPN. not sure if their new system "Merchant Account" behaves the same way or not, but i am still using it.

another service is erentpayments, cozy, to name 2. there are at leasat a dozen more. i think that number will ultimately be 4-6 at the end..

Charles Butler · Answer

Does anyone have a good alternative to IPN?

This was an amazing product and now I need to find a similar product or else i'm in hot water.

Thanks in advance!

George P. · Answer

the way I understand it is because the original merchant account was created with  the creation of the intuit payment network,  IPN.  but this is just in the background and does nothing for us.  the new users will have to create merchant accounts and they will be live/workable ones.

I also believe we will be fine and can continue as is with the IPN accounts..  until they force us to close them.

Colleen F. · Answer

Mine worked just fine when I used it but  it  does not work with Internet Explorer 10   so I need to use google to access. It does not work with quickbooks either so you need to PDF an invoice an attach it if you use one.   I may however have a merchant account since I have always invoiced the tenants. It is disappointing if it goes away because it works much better then just getting them to do ACH.

Why if you have a merchant account would you need to create another one?

intuit payment network phased out??

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