As part of Intuit’s ongoing endeavor to explore new ways to help small businesses manage their outgoing payments more easily, QuickBooks® Online is launching a new, upgraded, embedded bill payment capability to customers using QuickBooks Online Essentials, Plus, and Advanced.
The new bill payment capability, powered by Melio, helps you manage your cash flow by giving you more flexibility to pay bills directly from QuickBooks and choose how vendors receive payment.
Options to pay a bill: You can schedule and pay bills right from QuickBooks Online via bank transfer, debit card (for free), or credit card (2.9% fee). By paying with a credit card, small business operators can defer payments and earn rewards.
Options to choose how vendors receive payment: You can choose the method of payment a vendor receives: direct deposit or check.
How can I find this in QuickBooks Online?
You can use Bill Pay by Melio to pay any bill from your expenses page or by choosing any bill on your Pay Bills list. When you set up new bills you can also just click “Save and Schedule” to start the experience right away. Watch this video to walk through this step by step:
When will embedded bill pay be available?
In the coming months, Intuit will roll this out in a phased manner until all QuickBooks Online Essentials, Plus, and Advanced customers have it.
For QuickBooks desktop customers, Bill.com is another alternative that is a great way to simplify and automate the bill paying process. Bill.com is a HUGE timesaver, with better control over expenditures for management. Invoices are created, sent and paid easier and faster then ever.