Intuit’s GoPayment –designed to provide small businesses with the ability to process credit card payments on smartphones and tablets –will now be available at all 2,300 Verizon Wireless retail stores and B2B sales channels.
“Intuit’s GoPayment on America’s most reliable network is a mobile transaction game changer, and brings another dimension of must-have technology to the small business community,” said Mike Schaefer, executive director of the Business Solutions Group for Verizon Wireless. “Payments and transactions are often the biggest hurdle businesses face. Our value proposition is to streamline, simplify and enable business owners to get paid with minimal delay. This collaboration with Intuit is an important part of our strategy to bring the most innovative online and mobile tools to our customers.”
“Rather than lose out on potential business, anyone who sells a product or service can now easily and affordably give their customers the option of paying with plastic,” said Chris Hylen, general manager of Intuit’s Payment Solutions division. “GoPayment is meeting a huge need and is one of the fastest growing mobile payment solutions in the market. With Verizon Wireless, we’ll help even more people discover that they too can process credit card payments on the phones or tablets they already own.”
GoPayment provides merchants with the ability to sync transactions with recent versions of Quickbooks, reducing the need for manual entry. GoPayment can also support up to 50 users on one account, enabling multiple employees to accept payments on their own devices. The GoPayment reader is provided at no cost to the merchant, however the merchant must choose between two discount fee plans. Either the merchant pays Intuit 2.7 percent of all dollars transacted, or the merchant pays a monthly fee of $12.95 along with 1.7 percent of all dollars transacted. For Verizon Wireless customers, the latter plan is provided without the monthly charge for the first two months.