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Smartphones tablets can process plastic
BASKING RIDGE, N.J. and MOUNTAIN VIEW, Calif. (8/29/11)--Verizon Wireless and Intuit have unveiled a new strategic alliance giving small businesses the ability to process credit card payments on smartphone and tablets. Verizon Wireless will offer Intuit’s GoPayment mobile payments app and a pocket-sized credit card reader through its 2,300 retail stores and business-to-business sales channels. The mobile card reader plugs into the audio jack of supported smartphones and tablets, and lets business owners swipe credit cards and debit cards. The app also allows users to enter card information manually. “Payments and transactions are often the biggest hurdle businesses face,” said Mike Schaefer, executive director of the Business Solutions Group for Verizon Wireless. “Our value proposition is to streamline, simplify and enable business owners to get paid with minimal delay. This collaboration with Intuit is an important part of our strategy to bring the most innovative online and mobile tools to our customers.” Small businesses need the flexibility to accept payment from customers in the way customers want to pay, added Chris Hylen, general manager of Intuit Payment Solutions. “Rather than lose out on potential business, anyone who sells a product or service can now easily and affordably give their customer the option of playing with plastic,” he said. Intuit Financial Services provides banks and credit unions with on-demand solutions and services that make it easier for consumers and businesses to manage their money.


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