Intuit Partners With Verizon Wireless To Sell Square-Competitor GoPayment At Retail Stores

Inuit's GoPayment reader, which competes directly with Square, is making a significant move in the mobile payments space today, partnering with Verizon Wireless to sell its credit card readers in Verizon Wireless? 2,300 retail stores and business-to-business sales channels. Launched two years ago, GoPayment offers a complimentary app and credit card reader to allow small businesses to conduct charges via their smartphones. GoPayment is available for iOS, Android and Blackberry phones and the card reader simply plugs into the audio jack of a phone or tablet. The credit card data is also encrypted, (and never stored on the phone).

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