Intuit Payments Inc. is identified as the entity providing money movement services, licensed as a Money Transmitter by the New York State Department of Financial Services, with a specific complaint reference for Texas customers.
This analysis describes what TurboTax's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This disclosure identifies Intuit Payments Inc. as a regulated money transmitter subject to New York State Department of Financial Services oversight, which has implications for how payment and money movement data is governed and what regulatory recourse is available to users of payment-related features.
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View change record →This provision discloses that money movement features across Intuit products are provided by Intuit Payments Inc. under money transmitter licensing, with regulatory oversight by the New York State Department of Financial Services. Texas customers are specifically directed to a complaint mechanism for money transmission service issues.
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Compare across platforms →"Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services. For details about our money transmission licenses, or for Texas customers with complaints about our service, please click here.Excerpt from TurboTax's Privacy Statement
1) REGULATORY LANDSCAPE: Money transmission licensing engages state money transmitter laws across all jurisdictions where Intuit Payments Inc.
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This disclosure identifies Intuit Payments Inc. as a regulated money transmitter subject to New York State Department of Financial Services oversight, which has implications for how payment and money movement data is governed and what regulatory recourse is available to users of payment-related features.
This provision discloses that money movement features across Intuit products are provided by Intuit Payments Inc. under money transmitter licensing, with regulatory oversight by the New York State Department of Financial Services. Texas customers are specifically directed to a complaint mechanism for money transmission service issues.
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