MOUNTAIN VIEW, Calif. (12/10/12)--Intuit Inc. has unveiled a fresh look and feel to its GoPayment mobile payment app to address the needs of small businesses.
The enhanced GoPayment comes with new tools and features that small businesses can use on their smartphones or tablets--helping them to compete with bigger companies, increase sales and expand their business. GoPayment syncs data with QuickBooks financial software, and integrates with QuickBooks Point of Sale to provide a mobile point-of-sale solutions specifically designed to help the nation's 2.8 million small retailers manage and grow their businesses.
Among the tasks GoPayment assists small businesses with include:
- Personalizing transactions--Customize the GoPayment app to meet specific needs. Receipts can include the store's name, logo and contact information to promote their business and encourage referrals;
- Tracking cash payments and applying discounts--Record cash transactions and apply discounts;
- Gaining business insight--Manage one items list that syncs across devices and users, organize items by category or favorites across multiple devices and users, and see all transaction details in one place; and
- Better managing employees--Control employee access to information and set permissions by differentiating between administrator and associate roles.
The Credit Union National Association (CUNA) and credit unions are seeking legislation that also would help small businesses and urging Congress to increase credit unions' member business lending (MBL) cap to 27.5% of assets from 12.25%. CUNA and credit unions say that increasing the cap would open up more opportunity to offer MBLs, inject $13 billion in business loans into the economy and create as many as 140,000 new jobs, with no cost to taxpayers. (See related story: CUNA runs ads to urge 'no TAG' as vote approaches).