Verizon & Intuit partners to bring pocket-sized credit card reader to small businesses

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Verizon Wireless & Intuit team-up to bring GoPayment application and pocket-sized credit card reader for small businesses. The partnership wants 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.

GoPayment makes it easier and more affordable for small businesses to process credit cards and for anyone who sells products or services to accept credit card payments wirelessly.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.

“Intuit’s GoPayment on America’s most reliable network is a mobile transaction game changer, and brings another dimension of must-have technology to the small business community,” said Mike Schaefer, executive director of the Business Solutions Group for Verizon Wireless.  “Payments and tr