The Intuit PaymentNetwork

Intuit has soft-launched a new Intuit PaymentNetwork, calling it a "new and affordable way to send and receive payments over the Internet" for individuals and small businesses." A comprehensive set of help and support Q&A is available online.

For small businesses, the Intuit PaymentNetwork provides a low-cost payment alternative to credit cards for receiving payments - charging 50 cents per payment received irregardless of the amount (subject to certain limits). There are no monthly charges, equipment or set-up costs.

For individuals sending funds, you can send to anyone who is a member of the Intuit PaymentNetwork. If they're not already a member, they can join to receive their funds. At the present time, individuals can't receive funds.

More details available on the Intuit Small Business United blog.