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QuickBooks is an accounting software package developed and marketed by Intuit.First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
In May 2014, Intuit Inc. bought Invitco to help bookkeepers put bill processing in the cloud. [113] In May 2014, it acquired Check for approximately $360 million to offer bill pay across small business and personal finance products. [114] In December 2014, it. acquired Acrede, UK-based provider of global, cross-border and cloud-based payroll ...
[citation needed] He wanted a programmer for a planned home bill payment and bank reconciliation program. Proulx [ 5 ] was the first person Cook met and subsequently co-founded Intuit. Proulx was the first programmer of the first version of Quicken , and the first Apple and Radio Shack versions.
X.com officially launched on December 7, 1999, with former Intuit CEO Bill Harris serving as the inaugural CEO. [11] [4] Within two months, X.com attracted over 200,000 signups. [12] In March 2000, X.com merged with its fiercest competitor Confinity, a software company also based in Palo Alto which had developed an easy payment system named Paypal.
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Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
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