They are officially accepting Bitcoin through an integration with Coinbase now. More info here as well.
This guy Charles is one cool mother effer.
The bitcoin tip for 0.2241 milli-bitcoins ($0.10) has been confirmed and collected by /u/ToTheMoonGuy WHAT'S THIS?
/u/changetip fist bump
Great news! More and more major players are getting on board! :D
If I were doing this for Quickbooks, I would take the bitcoin payments, then put the bitcoin onto an exchange to get the cash back. This action would keep bitcoin in the hands of people who want ...
Not if it dilutes core principles of decentralization.
Like a bazillion.
Intuit's Quickbooks product does a lot for cheap. For us, it's ERP in a $150 box.
Ok, now tell me how you really feel.
Exactly. Businesses utilizing Bitcoin as an efficient payment system (and immediately converting to fiat) is a natural step in the evolution of Bitcoin adoption.
Yes, I knew that. but Bitpay can only offer the service in GA. As they don't have proper licensing in all states. (Last I saw)
Don't we want mainstream?
Title is misleading. Intuit is testing bitcoin payment systems at this time.
I wish I could get hired into companies as a "Problem Solver"
> This means that, payroll will be next up. Actually Bitpay Payroll API was News this january , this would just plug Payment & Payroll into Intuit's accounting systems.
lmao - I moved to another area - none of the my local subway's accepted the challenge. (I offerred to buy 30 days worth of subway sandwhiches in exchange for a subway offering to accept bitcoin i...
I'd argue it's an effective stepping-stone. Until there's a sufficient Bitcoin economy that stores can pay costs in Bitcoin, most will want to exchange out. It's another chicken-egg issue with no...
Mint was an acquisition, but good point.
http://techcrunch.com/2013/03/27/turbotax-maker-funnels-millions-to-lobby-against-easier-tax-returns/
It seems the FED has given btc their stamp, kind of. http://www.federalreserve.gov/aboutthefed/fac-20140513.pdf Page 10 onwards.
I have mixed feelings about this because while what you said is true, I also know how big of a piece of shit QB is and can't help but wonder how they'll screw this up.
Keep up the good work, you! :)
This is a very natual development. The legislation solidifies, and everything about handling the paperwork around bitcoin can be done perfectly well by software. This is BIG, because getting ...
Fuck Intuit, they dont support legalization
Possibly short term downward pressure on price. But incrased volume, liquidity and legitimacy. This IS good news even if you can't see it.
The bitcoin tip for 300 bits has been confirmed and collected by /u/frankenmint WHAT'S THIS?
I had you tagged as a buttcoin member. I will now remove this tag from your account. I often go into that sub to tag the trolls that come into /r/bitcoin . Edit: oh and /u/changetip 300 bits
Mint and their dev team was purchased by Intuit a few years back. They used to be independent.
What's wrong with them? We like mint a lot.
Awesome thanks for the info. Like I said I haven't logged in for a while.
Mint already supports Coinbase
The nice thing is that they're making the following feature clear to merchants: "PAY LESS ON ALL BITCOIN TRANSACTIONS. COMPARE THAT TO 1.75% TO 2.75% + FEES ON CARD TRANSACTIONS. NEVER WORRY ...
> The main reason this is huge is LEGITIMACY > > So many small business owners presently use quickbooks. So many. I used to do computer support for small businesses, and they...
Wish they gave a real number for their fees.
Well, I, for one, am ambivalent about this. A bit too mainstream for my tastes. Intuit is about a step above AOL in my book.
very good news after long time
What we need are alpaca pants
Maybe TurboTax for the 2014 tax year will even include Bitcoin sections in the questionnaire.
Step 1: Steal underpants Step 3: Profits
Whoa, I did not expect this so soon.
This is better than visa or paypal going on board. This is a brand trusted by so many small businesses. The volume of small businesses is greater than than the big brands, getting a mass a small ...
Where have you been??????????????
these are the boosters to get us out of the atmosphere. Hopefully we can get some other great news to keep the momentum up.
You are absolutely right. The majority use it.
The most important part of this announcement is Intuit's client base. If its easy for businesses to accept Bitcoin through the software or online versions of Quickbooks we will see an upsurge of ...
Awesome... this is big news for all of us!
Wow. I know its just testing but I can't believe this isn't being upvoted higher. Nearly every small business I know uses QB's in some way.
To the moon!!! ┗(°0°)┛ ..○
> Let Bitcoin become ubiquitous as the payment system everything uses > 'behind the scenes'. Then at some point the question will be asked > "why are we still convertin...
wow this is a great news for me its news better than amazon and paypal combined accepting bitcoin , if you do not know about quickbooks go and read some more .... quick books have very popular PO...
That's the point. There are lots of people who recognize Bitcoin merely as a superior payment system; they don't grasp the full picture of what the blockchain technology and distributed systems a...
what if you WANT to see it in bitcoin value?
yeah, i expected xero to be on top of this WAY sooner.
oh well, at least I got more time to buy more bitcoins while they are cheap.
Now if I could just put my wallet in Quicken and have it update prices like it does stocks.
That's fine. Let Bitcoin become ubiquitous as the payment system everything uses 'behind the scenes'. Then at some point the question will be asked "why are we still converting back/forth from fi...
This is fuel for the moon launch, but not the ignition. Ignition will probably occur when the Winkidink ETF goes online or when a regulated US exchange for the Wall Street investors (Atlas or S...
Yeah, not sure how much of a win this is for us. You can buy more things with Bitcoin, but you're really just giving it to Quicken who will sell it back to us for fiat.
For several months, the price has been flat when there's been good news (and even bad news) about Bitcoin The Platform.
hes asian this is legit
> We came up with an innovative way to enable small businesses to > accept bitcoin payments without any risk or a bitcoin wallet. Sounds like they're going to act like BitP...
Tons and tons of small businesses use QuickBooks. This is a major leap forward!
For a large company Intuit has managed to stay somewhat responsive. (see Mint)
No way! I'm QuickBooks online certified and will definitely be trying this out for my biz
I may have lost a few millibits on PD today, but this made me feel better. HOORAH!
I'm surprised they did this before Xero.
They are incorporating payments via bitcoin, and then turn it into cash. "We came up with an innovative way to enable small businesses to accept bitcoin payments without any risk or a bitcoin w...
The main reason this is huge is LEGITIMACY So many small business owners presently use quickbooks. Intuit is a company they know and trust. If they support bitcoin then many of those people wil...
Looks like Intuit is about to compete with coinbase and bitpay.
so basically intuit is entering into bitpay's market here. Anyone know how many existing customers they already process payments for?
Perhaps a large pair of alpaca socks would substitute?
But does your subway accept bitcoin?
No, not you the guy that uses the user names of Troll(number). what an ass. This is big.
I'm not sure I haven't logged into my Mint account in quite a while. My wife prefers to do it all by hand these days.
I wasn't trolling at all. This is huge.
I thought they already had Coinbase integration?
Just worth a mention. If you're UK based then Quick File cloud accounting software is fully integrated with BitPay so you can raise invoices for your clients, which they can access in a branded ...
Pageing /u/Troll1 to 96 :) You can troll toll you want but nothing will stop bitcoin
This compelling, especially to everyone who is sick of getting raped by credit card fees, administrative burdens and costs, chargebacks, etc, etc. So... yea.... everyone. Bonus points for stickin...
Wow, awesome! Now Linux support please.
Just shat my pants. Any good online pants stores accept Bitcoin now?
Paging /u/ToTheMoonGuy
"I did it" Last year - spoke with senior strategist with Intuit during a paid research study in Mt. View and brought up that I was a small biz owner that would be interested to see bitcoin paym...
They have to start somewhere.
> Enter QuickBooks Bitcoin Payments, a bitcoin service that enables > small businesses to take bitcoin payments without ever having a > bitcoin wallet or ever seeing any�...
I assume this means we can expect bitcoin in Mint soon too?
Nevermind, it looks like they are just trying to utilize BTC as a low cost payment network, I guess it's still a step in the right direction.
Looks like just they are testing it right now, but this would be absolutely huge. It makes sense for Intuit to add this to their CC processing services and will give them a huge advantage in that...
The people working on this are really passionate about things as seen in their little bio snippets.
Holy crap. Major accounting software incorporating bitcoin. It's sobering how "real" this movement is starting to feel-- not to mention how fast major players are getting on board.
This is cool. My brother and I have a small business that is partly managed with another company, and every month intuit is the company that processes the deposit into our Checking account.
This is actually good news!
This is huge! Let's hope this brings bitcoins mainstream to small businesses.