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
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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
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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 |