Think about the guy running a mall kiosk. Think about the girl running a hot dog stand. Think about the team of folks running a mobile photography studio. All of these folks and others, need mobile credit card processing solutions.
Verizon Wireless and Intuit Inc. (Nasdaq: INTU) recently announced a strategic alliance to give all small businesses – from the sole proprietor to a medium-sized business – the ability to process credit card payments on smartphones and tablets. The companies are now offering Intuit’s GoPayment app and pocket-sized credit card reader in Verizon Wireless’ 2,300 retail stores and business-to-business sales channels.
The card reader simply plugs into the audio jack of a supported smartphone or tablet. Credit and debit cards can be swiped through the card reader or entered into the app manually. The transaction is processed immediately and funds are automatically deposited into a user’s bank account within a few business days. GoPayment supports devices on Android, BlackBerry and iOS platforms for most popular 3G and 4G LTE smartphones and tablets.
So if you’re struggling to accept credit cards for the products and services you sell – stop struggling and start making more money.
A paid version of GoPayment is also available for $12.95 a month and provides a low discount rate of 1.7 percent for swiped transactions. Intuit is offering Verizon Wireless customers two months of free service when they select this monthly paid plan.
Customers who purchase a smartphone for their GoPayment use will need to subscribe to a Verizon Wireless Nationwide Talk plan beginning at $39.99 for monthly access. Tablet and smartphone users require a data package starting at $30 monthly access for 2GB of data.