Perhaps just to show that it is not hip to be a Square, Intuit has rolled out a serious incentive for businesses to jump on the GoPayment bandwagon. Since we last saw the mobile payment service, the company has decided to offer customers a free card reader (while supplies last) and no monthly service fees in an effort to expand its user base. Primarily aimed at those processing low sales volume, the deal includes $0.15 per-transaction fee.
That’s half the $0.30 fee for high-volume users, who still get the complimentary reader for signing up, but have to pay $12.95 monthly for the privilege. The offer is exclusively available to new customers, and the gratis reader only works with some phones (far fewer than the number of phones that work with the app itself), but hey, free is free. I hope there are no security problems.