Daily Dose of iQ: Intuit Partners with Verizon to offer GoPayment Card Reader

Aug 25, 2011 — Allan Pulga

Intuit has teamed up with Verizon to offer its plug-in card reader -- called GoPayment -- in Verizon's company to company retailing channels, as well as in their 2,000-plus retail locations.

The GoPayment reader works on iPhones, Android phones, BlackBerrys and all tablets.

According to SmallBusinessFriends.com, Verizon subscribers will be able to order the GoPayment reader for free after a $30 mail-in rebate. Intuit gets a 2.7 percent cut of every sale processed on the GoPayment reader.

Intuit also offers a monthly subscription plan for $12.95 a month, excluding 1.7 percent transaction charge. Verizon users who choose the monthly plan pay no fees for the first 60 days.

The mobile payment processing segment is really taking off and this partership shows that manufacturers and carriers alike are keen on getting a foothold in the small to mid-size business market.

As a wireless retailer, do you take payments in your store using a phone or tablet card reader?

And if so, of the following manufacturers, whose device do you use? (Please post comments below.)

  • Intuit
  • Erply
  • VeriFone
  • Square
  • Other?

Topics: Retail Operations, Wireless Trends, Mobile Industry

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