The ability to take mobile payments via cell phone is all the craze at the moment. You may have heard Jack Dorsey’s Square credit card reader just got backing from Visa and you may have already seen it in action if you’ve been to an apple store lately. Intuit will also hook you up with a Free credit card reader to use their “GoPayment” platform to accept credit cards wherever you have cell service. Both companies are simple to sign-up with, offer strait-forward rates and give you the card reader absolutely free! So side by side, how do these two payment options match up?

Intuit’s GoPayment (Merchant Service for Mobile)

Low-Volume Plan 

 

No Monthly Service Fee

Swipe Rate 2.7%

Keyed Rate 3.7%

$0.00 Transaction fee

Free Card Reader

No Monthly Minium

No Setup Fee

 

 

High-Volume Plan 


$12.95/Month

Swipe Rate 1.70%

Keyed Rate 2.7%

$0.00 Transaction fee

Free Card Reader

No Monthly Minimum

No Setup Fee

 

 

Square Mobile

Single Price Plan 

No Monthly Service Fee

Swipe Rate 2.75%

Keyed Rate 3.5% + .15c per transaction

$0.0 Transaction fee on Swipes

No Monthly Minimum

No Setup Fee