POS - Point of Sale Pin Pads are EMV Ready


Posted February 15, 2018 by quickbooks

Intuit successfully delivered very good financial results in this quarter. For QB self-employed, small business and accountants QuickBooks subscriber growth continued, driven by improvements across our platform.

 
Pin Pads from Ingenious are fully compatible with QuickBooks POS and are EMV Ready
Greater Security
The IPP 350 meets the latest hardware and software security standards. It ensures data security and application management and enables high-security electronic transactions.
Multiple Payment Option
The Pin and sometimes the EVM only accepts the 350 IPP. It happens cause of the technologies and the loyalty which is provided by NFC. It also has QR codes and other facilities such as couponing and wallets.
Quicker Checkout
Optimized for faster checkout, the IPP 350 is created to match the busy retail environment. It is very compact and hence demands particle counter area and affords easy approach.
Connectivity & Communication
The IPP 350 pin pad connects to POS via a primary link, such as broadband connection, RS232. It is a device which accesses through the plug with a particular connector of multi-point cable for the seamless combination.
Designed for Retail
The huge 15-key backlit keypads, LCD and function codes allow easy, accessible interactions.


Financial Overview:
Intuit – 3rd quarter
10% up in the graph of revenue to $2.541 billion.
12% GAAP Increased in operating income to $1.444 billion.
Now QuickBooks Online subscribers 59%, up from 49%. 2.2 million subscribers added more from the 2nd quarter.
There were 180,000 QuickBooks Online Self-Employed subscribers in last quarter, which got double now.
Expectations 2.3 million QuickBooks Online subscribers in fiscal 2017.
Expecting 10% full year revenue growth.


Small Business Highlights:
16% growth in Small Business segment revenue
30% growth in Small Business online ecosystem revenue.
350,000 QuickBooks Online subscribers added in the quarter
70% growth in QuickBooks Online international subscribers.
Now QuickBooks Self-Employed is available in Singapore, planning to launch QuickBooks in Hong Kong and South Africa soon to follow.
Now 1,545 apps on the QuickBooks Online platform are available.

Consumer Tax and Pro-Connect Highlights:
9% growth in Consumer Tax revenue.
Smart Look technology to reach more tax filers this season provided
To TurboTax customers, More than 1.3 million free credit scores provided
2% growth in Pro-Connect fiscal year-to-date revenue.

Forward-looking Guidance:
The company expects guidance for the 4th quarter of the fiscal year 2017, ending July 31st.
The growth of 5 – 8 % Revenue of $795 million to $815 million.
The loss in GAAP operating $25 million to $45 million.
Income of $50 million to $70 million in Non-GAAP operating.
$.01 to $.03 GAAP loss shared.

The company now expects revenue in 2017:
Growth of near 10% in Revenue of $5.13 billion to $5.15 billion,
The growth of near 10% in GAAP operating income of $1.3 billion to $1.3 billion.
Growth of near 10% Non-GAAP operating income of $1.70 billion to $1.72 billion,
Growth of 16% Non-GAAP diluted earnings per share of $4.38 to $4.40.
QuickBooks Online subscribers of 2.4 million.
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Last Updated February 15, 2018