{"id":14711,"date":"2015-03-15T17:00:16","date_gmt":"2015-03-15T17:00:16","guid":{"rendered":"https:\/\/ktsl888.com\/?p=14711"},"modified":"2020-10-07T11:34:40","modified_gmt":"2020-10-07T11:34:40","slug":"intuit-now-offers-support-for-bitcoin-with-paybycoin","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/intuit-now-offers-support-for-bitcoin-with-paybycoin\/","title":{"rendered":"Intuit Now Offers Support for Bitcoin with PayByCoin"},"content":{"rendered":"<div>Intuit now supports Bitcoin invoicing and payments in Bitcoin with its latest free of charge solution &#8211;\u00a0<a title=\"PayByCoin Intuit for QuickBooks Online\" href=\"https:\/\/paybycoin.intuit.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">PayByCoin<\/a>.<\/div>\n<div><\/div>\n<div><a title=\"Intuit Website Link\" href=\"http:\/\/www.intuit.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Intuit<\/a> was once a startup that set out to revolutionise the way financial accounting and personal accounting happens. It is now a\u00a0company that has revolutionised invoicing, accounting and\u00a0money management, as much as <a title=\"SalesForce Homepage link\" href=\"http:\/\/www.salesforce.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">SalesForce<\/a> revolutionised sales &amp; customer relationship\u00a0management.\u00a0Intuit\u2019s online cloud accounting solution that goes\u00a0by the name <a title=\"QuickBooks Online Weblink\" href=\"http:\/\/quickbooks.intuit.com\/online\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">QuickBooks Online<\/a> now supports Bitcoin. For a company that serves the fiat currency market segment, extending the innovation to the\u00a0digital currency market segment is highly commendable.<\/div>\n<div><\/div>\n<h2><a title=\"PayByCoin by Intuit\" href=\"https:\/\/paybycoin.intuit.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">PayByCoin<\/a> &#8211; Invoice payments via Bitcoin<\/h2>\n<div>QuickBooks online supporting Bitcoins means that now it is possible to raise invoices that can be paid in Bitcoin. The invoice when raised, as most Intuit users would know, reaches the customer in an email. In a single click the bitcoin payment can be made by the invoice receiving party.<\/div>\n<div><\/div>\n<div>This service is now available free of charge to the QuickBooks online users.<\/div>\n<div><\/div>\n<div><\/div>\n<h2>PayByCoin is enabled by Bitpay<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-14718\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2015\/03\/Intuit-Now-Offers-Support-for-Bitcoin-with-PayByCoin2.png?resize=396%2C198\" alt=\"Intuit Now Offers Support for Bitcoin with PayByCoin\" width=\"396\" height=\"198\"><\/h2>\n<div>PayByCoin is the invoicing service. Much of the real transaction handling and the conversion to fiat currency happens with a little help from Intuit\u2019s partnership with <a title=\"Bitpay HomePage Link\" href=\"https:\/\/bitpay.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">BitPay<\/a>. BitPay\u00a0is an\u00a0exchange that has been setting industry standards\u00a0and already supports\u00a09 currencies and direct bank deposits in 33 countries at the time of this writing.<\/div>\n<div><\/div>\n<h2>Making Bitcoin a serious business<\/h2>\n<div>Bitcoin\u00a0has a set of advantages that fiat currencies can never possess, partly due to their own design. PayByCoin, therefore extends the same advantages that Bitcoins by their own right offers to its users. Namely\u00a0\u2014 low fees, no chargebacks, quick deposits (1 day turnaround), lowered currency conversion risk; all of these as mentioned on the website at the time of\u00a0this\u00a0writing.<\/div>\n<div><\/div>\n<div>This is good news for medium and small businesses. There is another segment that can greatly benefit from the PayByCoin service \u2014 the freelancers who have already embraced Bitcoin as a way of payment and a way of life.<\/div>\n<div><\/div>\n<div>Intuit extending support for Bitcoin is a pointer in the right direction for the Bitcoin community. The Intuit users are serious\u00a0money management enthusiasts who are keen on keeping track of the way their money flows. The exposure of this market segment to Bitcoin can only be for the good.<\/div>\n<div><\/div>\n<h2>Another Step for the Bitcoin Community in the right direction.<\/h2>\n<div>For QuickBooks, this could well be a top-line business motive\u00a0to serve and capture a nascent market. However, for the larger Bitcoin community this is a another step in the right direction that brings accountability and integrity into the often chaotic perception of Bitcoin based\u00a0transactions.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Intuit now supports Bitcoin invoicing and payments in Bitcoin with its latest free of charge solution &#8211;\u00a0PayByCoin. Intuit was once a startup that set out to revolutionise the way financial accounting and personal accounting happens. It is now a\u00a0company that has revolutionised invoicing, accounting and\u00a0money management, as much as SalesForce revolutionised sales &amp; customer relationship\u00a0management.\u00a0Intuit\u2019s online cloud accounting solution that goes\u00a0by the name QuickBooks Online now supports Bitcoin. For a company that serves the fiat currency market segment, extending the innovation to the\u00a0digital currency market segment is highly commendable. PayByCoin &#8211; Invoice payments via Bitcoin QuickBooks online supporting Bitcoins means that now it is possible to raise invoices that can be paid in Bitcoin. The invoice when raised, as most Intuit users would know, reaches the customer in an email. In a single click the bitcoin payment can be made by the invoice receiving party. This service is now available free of charge to the QuickBooks online users. PayByCoin is enabled by Bitpay PayByCoin is the invoicing service. Much of the real transaction handling and the conversion to fiat currency happens with a little help from Intuit\u2019s partnership with BitPay. BitPay\u00a0is an\u00a0exchange that has been setting industry standards\u00a0and already supports\u00a09 currencies and direct bank deposits in 33 countries at the time of this writing. Making Bitcoin a serious business Bitcoin\u00a0has a set of advantages that fiat currencies can never possess, partly due to their own design. PayByCoin, therefore extends the same advantages that Bitcoins by their own right offers to its users. Namely\u00a0\u2014 low fees, no chargebacks, quick deposits (1 day turnaround), lowered currency conversion risk; all of these as mentioned on the website at the time of\u00a0this\u00a0writing. This is good news for medium and small businesses. There is another segment that can greatly benefit from the PayByCoin service \u2014 the freelancers who have already embraced Bitcoin as a way of payment and a way of life. Intuit extending support for Bitcoin is a pointer in the right direction for the Bitcoin community. The Intuit users are serious\u00a0money management enthusiasts who are keen on keeping track of the way their money flows. The exposure of this market segment to Bitcoin can only be for the good. Another Step for the Bitcoin Community in the right direction. For QuickBooks, this could well be a top-line business motive\u00a0to serve and capture a nascent market. However, for the larger Bitcoin community this is a another step in the right direction that brings accountability and integrity into the often chaotic perception of Bitcoin based\u00a0transactions.<\/p>\n","protected":false},"author":516,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[599,656,2490,2491,3351,15,3564,16],"class_list":["post-14711","post","type-post","status-publish","format-standard","hentry","category-news","tag-bitcoin-intuit-support","tag-bitcoin-news","tag-intuit-bitcoin","tag-intuit-quickbooks","tag-paybycoin-bitcoin","tag-products","tag-quickbooks-online","tag-software"],"acf":[],"yoast_head":"\n<title>Intuit Offers Support for Bitcoin with PayByCoin<\/title>\n<meta name=\"description\" content=\"PayByCoin is a recent offering from Intuit to QuickBooks Online users, that support 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