Home' LAPTOP Magazine : June 2011 Contents There is an option for a receipt, which can
be sent either via text message or e-mail;
or you can skip this screen. The final
screen displays the transaction amount
and a button that returns you to the initial
input screen for the next customer.
Overall, Square’s mobile payment
system was fast and easy to use. In fact,
it was actually one of the simplest apps
we’ve ever tried.
What Is IntuIt GoPayment?
The GoPayment solution is similar to
Square in that it also includes a device
that attaches to a mobile phone to process
payments. However, the small, entry-level
hardware is only one of the options Intuit
provides with its GoPayment service. The
basic free reader for the cost-conscious
merchant competes directly with Square’s
offering, but Intuit also provides more
options for established small businesses,
including a reader that also functions as
a receipt printer.
Like Square, GoPayment supports all
iPhones and iPads in addition to select
Android devices and BlackBerry phones.
In total, GoPayment is compatible with
more than 40 handsets, compared to
Square’s 30-plus. A GoPayment smart
phone application is provided for these
devices, but a mobile web version is
GoPayment ties in with Intuit’s Quick-
Books Pro or Premier
2009, and QuickBooks
2010 for Mac and later
versions. The GoPayment
service is scalable up
to 50 employees, and
Intuit offers 24/7 live
The company offers
a low-volume plan and
a high-volume plan (for
more than $1,000 per
month in transactions).
With the high-volume
plan, there’s a monthly
service fee of $12.95
per month, but the low-
volume plan is free. For
the rate is 2.7 percent
(low-volume) or 1.7 per-
cent (high-volume). For
keyed-in transactions, the
rate is 3.7 percent (low) or 2.7 percent
(high). There’s also a transaction fee of
$0.15 (low) or $0.30 (high).
Setting up your mobile phone or tablet for
use with GoPayment is a bit more challeng-
ing than it is with Square. You first must
choose which device is appropriate for
your needs. Most small business owners
will likely go for either the white plastic
attachment that—like Square’s reader—fits
into the headphone jack, or they’ll pick
the Mophie brand case designed for the
iPhone 4 (starting at $79.95, depending on
where you buy). There are also a couple
of options for Bluetooth cases, but these
are not as heavily promoted. Once you’ve
received your reader or case, you’ll need
to download the GoPayment app from
the iTunes App Store, Android Market, or
BlackBerry App World.
You’ll also need to sign up for a GoPay-
ment account, which can be done via the
web, phone, or within the mobile app. Here,
you’ll need to choose the appropriate pric-
ing plan (as noted above, either low- or
high-volume), and provide your information.
Intuit’s form is longer than Square’s, and it’s
customized for businesses, not individuals.
You must fill out your business name, tax
ID information, and your ownership type
(sole proprietorship, partnership, LLC, cor-
poration, or non-profit). There’s no option
for an individual to use this service.
After filling out the online form, you
have to wait for approval. This process
generally takes about 15 minutes. Once
approved, you can begin accepting credit
Once your account has been approved,
processing payments is simple enough.
You swipe the card, and the mobile app
captures the card information and presents
it on-screen. Fill in the transaction amount
and tap Charge to complete the transaction.
While there is an optional Memo field to
make a note about the sale, there is no
option for adding a photo. Finally, again
like Square, you have the option to e-mail
or text a receipt to your customer.
the transactions: Both companies accept
American Express, Discover, MasterCard,
square's app lets customers
sign for purchases with
a finger and can e-mail or
When you sign
up for square’s
service, you’ll get
a free card reader
that works with
the iPhone. the
fee for swiped
purchases is 2.75
Laptop | June 2011
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