Why doe it say deposit from QuickBooks merchant services

Thanks for visiting us here today, @JERRENO23.

I have some information about the deposit transaction on your bank account. If you have QuickBooks Payments, QBO groups the customer payments you process each day, then deposits this grouped of payments as a single bank deposit into your bank account.

You can sign in to the Merchant Service Center to review the deposits.

Please refer to this article for more information about merchant deposits: Automatically record QuickBooks Payments bank deposits.

I'm also attaching this link here in case you need help with other QBO tasks. Just look for topics that suit your concern.

Reach out to me if you still have questions or concerns with deposits. I'm always here for you. Take care and have a great weekend.