Tuesday, November 8, 2011

AT&T, Intuit Launch "GoPayment" Mobile Payments for AT&T Smart Phones

Mobile payments forecast source
Intuit and network operator AT&T have launched "Intuit GoPayment for AT&T," a mobile application and credit card reader that helps small and mid-size businesses process credit or debit card payments using their smartphone or tablet.

GoPayment for AT&T comes with automatic signup and pre-approval for the majority of AT&T customers and is available from AT&T's nationwide small business sales force and call centers.

The basic GoPayment service has no monthly, transaction or cancellation fees, and offers a 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.

That 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 is rolled into customers' existing monthly AT&T bill.

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