Intuit QuickBooks Signs Strategic Agreement With Visa to Collaborate in the SME Space in India
Intuit QuickBooks Signs Strategic Agreement With Visa to Collaborate in the SME Space in India
Intuit QuickBooks also enables small businesses to collaborate with their Chartered Accountants in real-time. This will result in superior user experience while also being more durable and secure.
The new agreement builds upon an existing relationship between Intuit QuickBooks and Visa in the United States, announced in October 2019. Under the existing agreement, Intuit QuickBooks announced a new feature called Instant Deposit, which enables real-time[1] disbursements for small business owners using QuickBooks Payments into their bank accounts through an eligible card using Visa Direct, Visa’s real-time push payments solution. Related:- How To Make a Startup Scalable 2020
Announcing the extended relationship with Visa, Aditi Puri Batra, Country Manager, Intuit QuickBooks India, said, “This is an important strategic relationship for us in India. We are delighted to be collaborating with Visa which apart from being the world’s leading card network, is known for its technology innovations and innovative value propositions for SMBs. As cloud-based accounting is gaining tremendous traction in India, we hope to catalyse this trend further through this relationship.”
TR Ramachandran, Group Country Manager, India, and South Asia, Visa said, “SMEs in India seek not just innovative solutions for their businesses but distribution access, network strengths and ways to automate payments. We are glad to extend our existing collaboration with Intuit QuickBooks in the United States to India and bring Visa’s world-class commercial solutions to small businesses and drive growth for the segment.”
About Intuit India
Intuit India is a subsidiary of Intuit Inc. the makers of QuickBooks Online, the world’s No.1 accounting solution for small businesses and accountants, with over 4.5 million customers.
Intuit stands on the core principles of customer-driven innovation and powering prosperity through its ecosystem of innovative financial management solutions. For more information visit us at QuickBooks Online India and follow us on Facebook.
About Intuit Inc.
Intuit’s mission is to Power Prosperity Around the World. We are a global financial platform company with products including TurboTax, QuickBooks, Mint, and Turbo, designed to empower consumers, self-employed and small businesses to improve their financial lives.