Intuit and Mophie Offer Complete Credit Card Solution for iPhone
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Posted August 26, 2010 at 12:18pm by iClarified
Intuit and mophie today announced the availability of a Complete Credit Card Solution, an all-in-one product that enables small businesses to easily process credit card payments via the Apple iPhone. It integrates Intuit's GoPayment credit card processing app and quick-to-activate merchant account with the mophie marketplace credit card reader. This package is now available in Apple Retail Stores and soon on Apple.com
As part of this solution, Intuit GoPayment offers a quick and easy application process that is designed to let merchants start processing credit cards on their iPhones in as few as 15 minutes. As an option, GoPayment is also compatible with QuickBooks Mac to help save time in keeping business financial files up to date.
Enhanced GoPayment Features for the iPhone GoPayment has been on the market for more than a year and has already processed $35 million in transactions for small businesses. In addition to faster merchant account activation and integration with QuickBooks Mac, this latest version offers easier navigation with the ability for customers to sign their bill via the iPhone touch screen. It's also possible to now add inventory items to receipts, which can instantly be e-mailed or sent by text to a customer for their records. To make GoPayment affordable for the smallest of small businesses, it also offers new simplified pricing with competitive discount rates and transaction fees.
How it Works The speedy new Intuit Merchant Account application process is designed to let small business owners easily and quickly apply and be approved to start processing credit cards. A user can apply from the GoPayment App, online or by calling Intuit right from their iPhone.
By adding the sleek, clip-on mophie marketplace card reader, merchants can save time by securely swiping credit cards instead of entering numbers by hand. After swiping the card, data is immediately encrypted using Intuit's industry-standard security methods. Customers authorize the payment by signing their name on the iPhone touch screen. The merchant can then send them an e-mail or text receipt. GoPayment processes the credit card within seconds and funds are deposited into the businesses' bank account. An additional option lets businesses integrate GoPayment with QuickBooks Mac to easily and quickly match the right customer and invoice in QuickBooks.
Pricing and Availability The Complete Credit Card Solution is available for the iPhone 3G and 3GS for $179.95 at Apple Retail Stores and soon on Apple.com. It works exclusively with the Intuit GoPayment App, which is available for free from the App Store.
GoPayment, including the Intuit merchant account, offers competitive pricing at $12.95 a month, a 1.7 to 3.7 percent discount rate and $0.30 to $0.34 per transaction fee. There are no long-term contracts, cancellation, gateway or set-up fees, and one account can enable up to 50 users.
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