intuit logo 300x131 Intuit Beats PayPal, Launches First Mobile Payments Solution in the UKThere’s one more addition to Europe’s growing number of mobile payment providers. Aside from local startup companies, Intuit recently launched its mobile credit card payment system known as Intuit Pay. It was initially launched in the United Kingdom, ahead of PayPal which first announced launching its own mobile payment in the region. Intuit’s closes US competitor, Square is also expected to join the fray.

While more and more mobile payment suppliers are becoming interested on the European market, adoption is still a problem. In a survey by Intuit in the United Kingdom, only 19% of the small businesses sampled accept credit card payments.

First launched in November 2012, Intuit Pay was first launched in the UK and plans are on the way to launch it worldwide. According to Intuit VP of products for global business division Terry Hicks, Intuit Pay will follow how QuickBooks was launched. Before making it available worldwide, it was first launched in the United Kingdom and then in Singapore. Intuit Pay is currently available as an iOS application but will be available in Android mobile devices soon.

Other UK mobile payment providers charge $65 for the card readers. For a limited time, Intuit is offering free use of its card readers to retailers. The transaction charge, however, is a flat rate of 2.75%. The online payments service and application are also offered for free. Intuit Pay can also be integrated with Intuit’s accounting software, QuickBooks.

Tagged with:
Hottest IT Skills in 2013 – Cloud, Mobile and BI
In 2012, more than 1.7 million jobs in the field of cloud computing remained unoccupied, according to analysts firm IDC. READ MORE
How Cloud Computing Influences Digital Marketing
Cloud marketing has the ability to drastically change the ways in which they reach and engage their audience, particularly with regard to distributing and storing mission-critical data. READ MORE
Gartner: BYOD to Take Center Stage For Mobile App Use by 2017
More and more companies encourage their employees to work on their devices, thus reducing the cost of computer equipment, but also increase the cost to maintain licenses and safety. READ MORE
Maturity in the Cloud: Start Thinking Like a Grown-Up
Despite the inclination to wait until all of the cloud’s kinks have been worked out, holding off on cloud initiatives until the industry matures won’t guarantee success. READ MORE
PwC: Cloud, SaaS and Mobile Are Changing Software Industry
The software industry is undergoing major changes by trends such as cloud, SaaS, mobile technology and the “consumerization of IT”. READ MORE
10 Cloud Computing Game Changers
Here are the ten most influential cloud computing companies, and the reason why. READ MORE