Dutch Payments firm Adyen launched a collaboration with QuickBooks maker Intuit. This partnership will help small and medium sized businesses in the United Kingdom which can more easily manage electronic payments.
QuickBooks is an online platform used by UK companies to do business with US. Approximately 2.9 million invoices sent monthly in the UK through the platform. Intuit QuickBooks customers can use a variety of payment options and swift fund transfers by leveraging Adyen’s UK banking license and direct access to the Faster Payments Services (FPS).
Presently 6.5 million subscribers of QuickBooks using platform to manage their finances, receiving payments, and overseeing cash flow. QuickBooks provide tools that will help to increase customers, revenue, and provide AI-powered insights for business growth.
On a single platform customers can use a variety of payment methods, including credit cards, bank transfers, and digital wallets.
Adyen’s payment infrastructure supports over 200 payment methods and more than 150 currencies.
Customers can be benefitted with more payment security with Adyen’s fraud detection tools.
Intuit-Adyen collaboration will benefit for customers in term of saving time, user friendly platform for business owners can help that user who is not from technical background with great security.
This partnership will help to empower SMEs to compete in the market with great tools. By integrating payments with financial management, Intuit and Adyen are not just supporting businesses today but setting the stage for their future growth.
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