Intuit and Square Form Strategic Partnership – intuitiveaccountant.com
September 25, 2013
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Great news for Square users!
On Tuesday Intuit announced a new integration with Square and QuickBooks. The integration is designed to permit small businesses to efficiently import their transactions from Square credit card processing into QuickBooks. In a press release issued by Intuit*, Dan Wernikoff, Sr. VP and General Manager of Intuit’s Small Business Financial Solutions said, “…by rebuilding QuickBooks as an open platform, small businesses can choose to use services we provide as well as the solutions they already use and love, like Square…”
As one example of the strategic partnership between Intuit and Square, Intuit will include Square as one of the payment options within QuickBooks Point-of-Sale retail software. This represents the first time that Intuit has ever enabled direct payment options for merchant services not associated with their own Intuit Merchant Service.
By opening up the QuickBooks platforms to trusted third parties, Intuit is enabling the contributions of other software and service vendors to meet the needs of customers. This represents a key expansion on the part of Intuit in attempting to become a ‘financial operating system’ for worldwide small business.
– See more at: http://www.intuitiveaccountant.com/blogs/from-the-editor/intuit-and-square-form-strategic-partnership/#sthash.9O1VgRsf.dpuf