Tuesday, 8 November 2011

Intuit and AT&T Collaborate to Tap Growing Mobile Payments Market

intuit go payment

Intuit and AT&T have collaborated to offer Intuit GoPayment for AT&T, an easy-to-use mobile application and credit card reader that helps small businesses of all sizes process credit or debit card payments using their smartphone or tablet. Intuit GoPayment for AT&T comes with Automatic signup and pre-approval for the majority of AT&T customers. It is available via AT&T’s nationwide small business sales force and call centers.

Intuit GoPayment for AT&T helps small businesses grow their business, increase sales and attract new customers. The mobile payment app and credit card reader is especially suited for mobile retailers and mobile service providers, such as photographers, hair stylists, locksmiths, and landscapers. It offers numerous potential benefits, including the ability to:

  • Make and save money – Increase cash flow by getting paid as soon as a job is done and giving customers more payment options. The GoPayment application is free along with one free credit card reader. The basic service offers pay-as-you-go pricing with no monthly fee. There are no set-up fees, long-term contracts or transaction fees.
  • Save time and improve cash flow – It can take 30 days or more for small businesses to receive payment for goods and services using standard invoicing. With Intuit GoPayment for AT&T, businesses can process payments on the spot and see the money in their account within a few business days.
  • Use existing mobile devices – No need to purchase additional hardware; use the smart phone or tablet you already own and carry. Supports the most popular 3G and 4G smartphone platforms.

Key Features and Services

  • Ring up sales quickly by creating and selling from a list of frequently sold items. Swipe credit cards using the card reader hardware instead of entering data manually.
  • Process payments within seconds and have funds deposited into a user’s bank account within a few days, eliminating the hassles of invoicing or waiting in bank lines to deposit cash or checks.
  • Feel assured that your customer’s sensitive credit card information is protected. Card data is never stored on the mobile device and is encrypted during processing – once via the credit card reader and a second time via the GoPayment app.
  • Keep accounting records up-to-date by syncing transactions directly with QuickBooks, the best-selling small business financial software in the U.S. used by 4 million users.
  • Enable employees to ring up sales by adding up to 50 users to one GoPayment account.
  • Get 24/7 unified support from AT&T and Intuit, including general customer service, and help with devices, network and mobile payment processing.
  • Look professional by sending text or e-mail receipts with a map of where the transaction took place.

Pricing and Availability

  • The basic GoPayment service has no monthly, transaction or cancellation fees, and offers a competitive 2.7 percent discount rate for swiped transactions. 
  • For small businesses with higher volume processing needs, a paid version of GoPayment also is available for $12.95 a month and provides a lower discount rate of 1.7 percent for swiped transactions.
    • This plan is recommended for businesses that process more than $1,000 a month and want multiple employees to process payments using one GoPayment account.
    • The monthly fee for the paid version of GoPayment will be conveniently rolled into customers’ existing monthly AT&T bill.


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