Major carrier AT&T and Intuit have just announced a new partnership to offer business customers a simple and fast way to process credit of debit card transactions using smartphones or tablets.
Dubbed GoPayment, the mobile application and card credit reader is offered with Automatic signup and pre-approval for most AT&T customers.
As we already mentioned, the application is aimed at mobile retailers, as well as mobile service providers, including hair stylists, landscapers, locksmiths and photographers.
AT&T customers can freely use the basic version of GoPayment, as the service has no monthly, transaction or cancellation fees, and offers users 2.7% discount rate for swiped transactions.
On the other hand, business customers used to process a higher volume of transactions will have to pay $12.95 monthly and get a lower discount rate of 1.7% for swiped transactions.
“Intuit GoPayment for AT&T comes with automatic pre-approval for AT&T customers, helping small businesses speed up the on-boarding process and enabling them to make credit and debit card transactions within minutes,” said Ebrahim Keshavarz, AT&T vice president of Small Business Product Management.
Intuit GoMobile offers business customers to possibility to increase their cash flow by getting paid fast and giving customers more payment options.
Although it can take more than one month for small businesses to receive their payments for goods and services using standard invoicing, Intuit GoPayment for AT&T processes payments on the spot and sends the money into customers' accounts within a few business days.
“This offer is just the first step in AT&T and Intuit working together to benefit small businesses by helping them broaden their payment capabilities, save money and, ultimately, better serve their customers,” added Keshavarz.
It is also worth mentioning that the application works perfectly on any smartphone or tablet currently available in the market, so there's no need to purchase any additional hardware.