Credit Karma Expands Credit Karma Money to Small Business Employees through Intuit QuickBooks Integration - Investing News Network

Credit Karma Money and QuickBooks Online Payroll to deliver better checking experience to small business employees 1 Credit Karma, the consumer technology platform with more than 100 million members in the U.S., today announced its integration of Credit Karma Money and INTUit QuickBooks Online Payroll, the number one online payroll provider for small businesses 1 . Consumers pay more than $30 billion in banking fees …

Credit Karma Money and QuickBooks Online Payroll to deliver better checking experience to small business employees 1

Credit Karma, the consumer technology platform with more than 100 million members in the U.S., today announced its integration of Credit Karma Money and INTUit (Nasdaq: INTU) QuickBooks Online Payroll, the number one online payroll provider for small businesses 1 .

Consumers pay more than $30 billion in banking fees each year. Through this integration, Credit Karma and QuickBooks hope to keep more money in the pockets of hard working small business employees, giving them the option to deposit their paycheck into a Credit Karma Money Spend account 2 . Now, employees paid through QuickBooks Payroll can seamlessly sign up to have their paycheck automatically deposited into a Credit Karma Money account.

In fiscal year 2020, QuickBooks Payroll products processed payments for more than 15 million employees, accounting for more than $208 billion in payroll annually. This initial integration with QuickBooks Online Payroll will enable...



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