Intuit Mobile "Go Payment" Push: No Charge and a Free Card Reader

Intuit will offer its "GoPayment" mobile payment service with a free credit card reader and no monthly service fees to business owners who sign up by mid-February. “By offering a free card reader and no monthly service fees, we want to give more small businesses a head start in the New Year by enabling them to take mobile payments without any upfront investment,” says Chris Hylen, general manager of Intuit’s Payment Solutions division.

GoPayment is compatible with more than 40 popular mobile handsets and a range of credit card readers, Intuit says. This includes a free credit card reader from ROAM Data, which works on a variety of iPhone, Blackberry and Android devices, to make it easier for the cost-conscious new business owner to start taking mobile payments.

“We expect the point-of-sale mobile payments market in the U.S. to grow to $55 billion by 2015, up from an estimated $1 billion in 2010,” says Gwenn Bézard of Aite Group.

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