What’s the difference between WebConnect & DirectConnect with Online Banking?

QuickBooks supports two different connection methods for online banking services. The connection method you use is determined by your financial institution.

Direct connection

Allows use of all types of online banking services (statement download, transfers, e-mail, bill payment) provided they are supported by your financial institution.

Accessed from the Online Banking Center within QuickBooks.

QuickBooks makes a secure connection directly with the financial institution's server.

The button in the Online Banking Center that initiates an online session is titled "Go Online".

Account information is set up by the user within QuickBooks prior to connecting to the Financial Institution.

WebConnect

Only allows statement download for bank accounts and credit cards.

Accessed through the financial institution's web site.

Statement information is downloaded through a secure web browser connection and then imported into QuickBooks.

The button in the Online Banking Center that initiates an online session is titled "Go Online" and will also take you to the financial institution's web site.

Account information is set up during the initial download from the financial institution.