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Why will QIF Data Import not be available for certain accounts?

April 26, 2017accounts certain Data import

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Why will QIF Data Import not be available for certain accounts?

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QIF technology is over 10 years old and was designed for technical support purposes. It was not for transaction download. QIF Data Import requires many steps to download, can provide a poor customer experience, and can lead to duplicate transactions and errors. Intuit wants to provide the best possible download experience available as well as support the ongoing industry transition to OFX. OFX is the industry standard for transaction downloads and offers easier, quicker setup. OFX was introduced in 1997 and first supported by Quicken in Quicken 98.