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Intuit launches new GoPayment mobile credit card swiper

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#1 TheSentinel


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Posted 26 January 2012 - 07:45 AM

Intuit launches new GoPayment mobile credit card swiper

By Tim Conneally


Financial software and services company Intuit launched its redesigned GoPayment Card Reader on Wednesday, after debuting the new design earlier in January. The free device plugs into a smartphone's or tablet's audio jack and lets users scan credit cards for payment.

Mobile payment systems are a hot business where lots of different standards are competing, with no clear "winner" in the space.

Square, founded by Twitter inventor Jack Dorsey, took the world by storm with its smartphone-based debit/credit card swiping peripheral in 2010, and spawned a host of imitators in the meantime: ROAMpay, ProPay Jak, Verifone PAYware mobile, Payfirma, and many others each offer a mobile card swiping apparatus.

Intuit's GoPayment is probably Square's highest-profile competitor.

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