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Pros and Cons of Electronic Payment Integration

Any type of technology can seem unsettling to new users. That’s why PaymentCollect® and QuickBooks® are here to help you, so you can utilize the functions of electronic payment systems, like POS, Desktop, and Online plugins without feeling weary of downsides. Whether you are an established business looking to make a shift to e-commerce or are a tech savvy entrepreneur looking to get your business off the ground, PaymentCollect® will help you save time and money, as well as help you organize your business. 

Explore the Benefits of Electronic Payment Integration

Geographically Expand Your Business by Using E-Commerce

Services like PaymentCollect® and QuickBooks® allow your company to become global. With the presence of an online store, customers can be reached all over the world! Visit our Shopify page to see how we can help your e-commerce thrive, and attract an additional, online customer base. This is especially important when shopping at traditional brick and mortar stores is not an option, and more consumers are resorting to receiving items from online suppliers. 

Desktop Software Provides Organization that is Lacking in Traditional Systems
One of the top benefits of choosing to integrate digital software into your business is the time you get back in your day. You no longer need to spend your time organizing receipts, juggling 100 open windows on your computer, or doing other time-consuming tasks. With PaymentCollect® and the QuickBooks® Desktop Plugin, financial data is captured and sorted for you. You also increase your productivity and workflow because QuickBooks® introduces streamlined invoicing and other accounting tasks. Adding PaymentCollect® to the mix allows you to run versions of QuickBooks® without expensive updates, as well as operate everything from one, easy to use window.  

Providing Good Customer Service and Improving Public Satisfaction with your Company


Stores that already have an e-commerce presence, know that cashless transactions are becoming ever more popular. When we are able to physically be in stores again, some of your consumers will still want a cashless transaction, especially during a global pandemic. In fact, some people will even avoid shopping at places that only accept cash. By purchasing the PaymentCollect® POS system, you can provide the contactless and cashless transactions your customers are looking for. 

Whether it be for safety, or convenience, your customers want to shop easily, with one click or a tap. By using PaymentCollect® and QuickBooks® across all platforms including your online store, as well as in-person POS systems, shopping at your business is seamless. PaymentCollect® offers faster credit card processing than our competitors, so you can give your customer the best experience possible. 

What are the Downsides of Electronic Payment Integration?

Now that we have talked about the benefits your company can receive, we want to address the potential downsides of electronic payment integration. The pros list certainly overpowers the cons, however we are aware of the common worries, and will work tirelessly to provide solutions. 

With so many softwares emerging, it can be hard to choose the right one. Small business owners do not want to be hounded by Merchant Service Providers soliciting their business on a daily basis with empty promises of lower fees, transparency, and the best in-class integration software. With other electronic payment options, the service providers are working in their best interest, not yours. However, with PaymentCollect®, our lower price does not come with hidden fees and there are no undisclosed price increases. 

Another potential downside is that the technology of electronic payments could be overwhelming when getting accustomed to them. The best thing about our service is that it has the opposite effect. Using PaymentCollect® will actually make your QuickBooks® easier to use. We do not introduce new windows, and we allow the capability for software data to feed into each other without manual information transfer. We mirror QuickBooks® functionality as closely as it gets. This lowers the learning curve for merchants and their staff.

Lastly, business owners may be reluctant to make the switch because of the costs associated. However, PaymentCollect® allows you to operate on any older version of QuickBooks®, so you do not need to invest in pricey updates, which will save you money. With PaymentCollect® you will also save money due to the elimination of hidden fees from credit card companies.

We want to make it easy for you to choose PaymentCollect®, so our support team is happy to assist you with any questions or concerns you may have. 

Contact us today to capitalize on the use of e-commerce and electronic payment systems. 

What Does E-commerce Look Like in 2021?

Electronic Payment Systems: Moving Beyond Cash, Checks

Through 2020, the world has seen an increase in consumers turning to e-commerce and electronic payment methods. Did you know that Forbes magazine says there has been a 149% increase in US and Canadian online retailers since April 21st, 2020? Along with that, shopping at small and medium-sized businesses are becoming more popular. With the online payment methods that PaymentCollect ® supports, local businesses have the ability to successfully explore a digital space. With a new year upon us, e-payments will further advance and change to the current situation. Here are the upcoming predicted e-commerce trends for 2021, and how PaymentCollect ® and QuickBooks® Plugins can help your business stay current and efficient. 

Creating a Personalized E-commerce Experience 

Users have moved away from generic experiences, and everything is beginning to be more customized and personal. This includes the experience consumers are looking for when using online customer service. Personalization can include product recommendations, human interactions, and helping customers achieve their goals. With fully integrated online plugins, PaymentCollect ® and QuickBooks® can assist in providing the personalization you are searching for. With our POS Payment Processing, information reaches the user quickly, in real-time, making their experience specific to them. Also, by using PaymentCollect ®, your QuickBooks® receipts are organized to your preferences. If you have questions regarding ways to incorporate your business’s unique needs into your current QuickBooks® online systems, please contact us!

Providing the Best Electronic Payment Environment for the Customer

Over 50 million users are relying on electronic payment systems such as Intuit QuickBooks® to operate their businesses comfortably. With e-payments being such a large part of people’s lives, it is important for customers and business owners to feel safe. In 2021, security is everything, from your smartphone to your online purchases. PaymentCollect ® allows you to feel confident that essential information remains private during credit card processing and other online payment activity.

Advanced Speed and Workflow

According to Shopify, 10 years of e-commerce growth happened in just 90 days. As more users are seeking digital options to retail, the competition in the online space is growing. More brands are introducing online stores, which means consumers will have more providers to choose from. In order to make your business stand out, your software must be simple, and efficient in order to maintain the consumer’s attention. By choosing PaymentCollect ® you will have access to the new features in QuickBooks® Online Advanced Speed Workflow, including streamlined invoicing without upgrading your current system. QuickBooks® Desktop 2021 also offers more options to save time and boost productivity. We are always thinking about user solutions as we design our software, so you can focus on building brand loyalty from your beloved customers.

Choose PaymentCollect ®

Allow PaymentCollect ® to guide your business through 2021. We will be a partnership that is consistent, efficient, and will always keep your brand at the top of our priority list. You can feel confident that we are constantly studying the e-commerce trends, and will work hard to ensure your current systems are able to manage all of your electronic payments.