Wallet Integration for Multiple Payment Options within the QuickBooks Product Lines

Instead of being bound to the same payment method for all QuickBooks products, the new Wallet integration allows users to choose between a variety of payment methods like credits cards, debit cards, and auto drafts are an option.

The payment improvements will be available for QuickBooks Online, QuickBooks Self-Employed, and QuickBooks Online Accountant.

The Wallet integration acts like a drawer displaying payment options for choosing the best payment for the product selection. A method to utilize this feature to the most real advantage is to separate payment methods.

I plan to use the Wallet integration to separate my clients’ wholesale subscriptions payment method from my firm subscription’s payment method. This will make tracking and separating client subscriptions for reimbursements more straightforward billing.

Here is a little more information that Murph and I learned about how the Intuit Payment Wallet makes it even easier to pay for products and services by sharing payment methods across different products.

If you have more than one company, you can reuse your primary payment method for the different subscriptions. The Intuit Payment Wallet will let you store more than one payment method, so you can easily switch between payment methods. 

It looks like, when this integration is available you will follow these steps to add a payment method using Intuit Payment Wallet for the first time. Important: when a new payment is added, it’s automatically selected for current subscription unless you change it. By the way, you can update and manage your information at any time whether you are using QuickBooks Online, QuickBooks Online-Accountant, or QBO Self-Employed.

How to add your payment method using Intuit Payment Wallet

For QuickBooks Online

1. Sign in to your QuickBooks account as the primary admin. 
2. Select Settings, then Account and settings.
3. Select the Billing & Subscription tab.
4. Select Edit next to your payment method.
5. Select Add New in the wallet listing.
6. Select Credit/Debit Card or Bank Transfer and add payment method details
7. Select Save payment method to my Intuit profile.
8. When you’re ready, select Save and Use.

For QuickBooks Online Accountant

1. Sign in as a primary or company admin.
2. Select Settings, then Subscriptions and billing.
3. Select the Billing details tab.
4. Select Edit billing information.
5. Select Add New within the wallet listing.
6. Select Credit/Debit Card or Bank Transfer and add payment method details
7. Select Save payment method to my Intuit profile.
8. When you’re ready, select Save and Use.

For QuickBooks Self-Employed

1. Sign in to QuickBooks Self-Employed using a web browser. 
2. Select your profile, then Billing info.
3. In the Payment Information section, select Edit.
4. Select Add New within the wallet listing.
5. Select Credit/Debit Card or Bank Transfer and add payment method details.
6. Select Save payment method to my Intuit profile.
7. When you’re ready, select Save and Use.

To learn more about Wallet integration and release date, click here.