GoPayment, Get Paid on the Spot via Mobile Phone

Posted by at 9:13 pm on May 25, 2009

Intuit offers Intuit GoPayment, a way to process credit cards on the go with a cell phone which has access to the mobile Web.   Intuit is working with Sprint to help small businesses get paid easily and quickly using the GoPayment application on select Sprint phones. Intuit is also working with beeweeb and VeriSign’s Messaging and Mobile Media Division.

“With GoPayment, businesses that do work out of the office no longer need to waste time sending and chasing invoices after the job is done,” said Chuck Harris, general manager of Intuit’s Payment Solutions Division. “And by partnering with Sprint, we’re providing those small businesses that rely the most on their mobile devices a much-needed tool, especially now, to increase sales and speed up their cash flow.”

How GoPayment Works

Intuit GoPayment is for business owners who need a way to get paid on the spot. It’s ideal for anyone who sells products or services out of the office such as carpet cleaners, plumbers, electricians and photographers.

With GoPayment, there’s no need to carry special hardware, such as a wireless terminal, saving thousands of dollars. Business owners can also add multiple employees to a single merchant account at no additional cost.   Along with accessing GoPayment via the mobile Web, business owners can also download the GoPayment mobile application to a wide-range of supported handsets.

To monitor transactions, GoPayment users can easily access Intuit’s online Merchant Service Center to search, view and create reports. Business owners who use QuickBooks can save time by downloading their transactions from the Merchant Service Center directly into QuickBooks Pro or Premier 2009.

Optional Hardware

Optional Bluetooth hardware makes GoPayment even easier to use. These small and lightweight mobile accessories include a card swipe that automatically reads credit card data, reducing manual entry. In addition, a combination card swipe and printer automatically populates card data and lets business owners give customers a printed receipt on the spot.

Security

Intuit GoPayment uses the same technology (128-bit SSL encryption) as the financial services industry standard to protect information during transmission. Sensitive credit card information is never stored on the handset and each user has a unique login and password to access GoPayment data.

Pricing and Availability

Intuit GoPayment is available for all mobile phones with access to the mobile Web. It’s also available as a downloadable native application on a wide-range of popular handsets. For a list of supported handsets and information on optional hardware go to: http://mobilepayment.intuit.com/supported-phone.php.

GoPayment costs $19.95 a month and requires a one-time merchant account setup fee of $59.95. Transaction pricing is competitive, ranging from 1.64 to 3.54 percent, with no additional fees or long-term contracts. Business owners may cancel at any time. More information is available at: http://mobilepayment.intuit.com/.

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