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New credit card solution offered for the iPhone

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Intuit (http://www.intuit.com) and mophie has released the Complete Credit Card Solution, an all-in-one product that enables small businesses to process credit card payments via theiPhone. It integrates Intuit’s GoPayment credit card processing app and quick-to-activate merchant account with the mophie marketplace iPhone credit card reader.

This package is now available in Apple Retail Stores and soon on Apple.com. As part of this solution, Intuit GoPayment offers an application process designed to let merchants start processing credit cards on their iPhones in as few as 15 minutes, according to Chris Hylen, general manager of Intuit’s Payment Solutions division. As an option, GoPayment is also compatible with QuickBooks Mac to help save time in keeping business financial files up to date, he adds.

GoPayment has been on the market for more than a year. This latest version offers the ability for customers to sign their bill via the iPhone touch screen. It’s also possible to now add inventory items to receipts, which can instantly be e-mailed or sent by text to a customer for their records. It also offers new simplified pricing with competitive discount rates and transaction fees.

The Complete Credit Card Solution from Intuit and mophie is available for the iPhone 3G and 3GS for US$179.95. It works exclusively with the Intuit GoPayment App, which is available for free from the Apple App Store.

GoPayment, including the Intuit merchant account, offers pricing at $12.95 a month, a 1.7 to 3.7 percent discount rate and $0.30 to $0.34 per transaction fee. There are no long-term contracts, cancellation, gateway or set-up fees, and one account can enable up to 50 users.

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