Intuit’s Mobile iOS Credit Card Processing System

Last year in Jude a wrote a quick post on Square’s updated Credit Card Processing System and now Intuit is adding its product into ring with less cost and a more substantial reading device.

They have an updated free app on iTunes for both the iPhone and the iPad that provides easy processing of credit card payments to your account.

---FEATURES---

• Receive a free card reader compatible with your iPhone, iPad or iPod Touch
• Avoid start-up costs, a long-term contract, and cancellation fees
• 2.7% per card reader swiped transaction rate with pay-as-you-go pricing plan
• Customers sign with their finger and a receipt can be sent by text or e-mail, so you can be paperless
• Access your GoPayment account on your Mac or PC and accept, refund, and review credit card payments online
• All transactions are secure and encrypted, unlike some card readers
• Add up to 50 users to your account so multiple people can accept payments for your business
• We’ve made it easier for you to get started by not requiring bank account information. The money you make with GoPayment can be deposited into your Intuit GoPayment Prepaid Visa® Card account. You can conveniently access and manage your money online at www.gopayment.com, or use the GoPayment Card anywhere Visa debit cards are accepted – in stores, online, and at ATMs
• GoPayment integrates with QuickBooks, making it easier to manage your finances
• From Intuit, the makers of QuickBooks, Quicken, and TurboTax

The app will run on iPhone, iPod touch, and iPad. Requires iOS 4.0 or later
*You can also sign up at www.gopayment.com. If you would like to sign up for the High volume plan, you must do so on the website.
**Intuit GoPayment offers 2 pricing plans with the following rates to meet your individual needs:
Pay-as-you-go:
Swipe: 2.7%
Key-enter and non-qualified: 3.7%
High volume (option to pay $12.95/month for lower per-transaction rates):
Swipe: 1.7%
Key-enter: 2.7%
Non-qualified rate: 3.7%

---GET STARTED---

• Download the Free GoPayment Credit Card Processing App
• Complete the in-app application*
• Check your email for your approval notification, and then start accepting payments!

Once you’re approved, you can start accepting credit cards right away by key entering credit card info into the app.
Your free card reader will ship the next business day.
If you want to see GoPayment in action before you sign up, select the Test Drive button.

If you decide that this product is for you, then one of the things that jumped out at me right away is that the quantities field only seems to accept whole numbers. This can be a problem especially if you are selling by weight or if you are like me you are selling time. Another problem that you might have is that it only accepts one sales tax field. So if you are in a county that requires you to collect both a state and county sales tax you will need to make some kind of adjustment for that. Of course if you are not roaming around this is not an issue. If you are moving around it might be hard to track who you need to send the tax you have collected to the correct entities.

Otherwise, the interface seems to be simple and straight forward and if you don’t have the concerns about the limitations I stated above then it might be a good fit for you. The charge rates for processing are a little lower then Square’s and Intuit is a big player in the entry level accounting industry.

Compatible Devices

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