Staples has tied an exclusive agreement with accounting software supplier, Intuit, to retail its latest payment solution, which allows small businesses to get paid on-the-go via their mobile device, in a three-month trial.
Available from Staples online (staples.co.uk) Intuit Pay, from the creator of QuickBooks, offers businesses a new way to securely accept credit and debit card payments while on the move so they never miss a sale.
Transactions can be made face-to-face using the Chip & PIN card reader, which connects to an Intuit Pay app on a compatible smartphone or iPad using Bluetooth, and merchants can also get paid by key entering card information online from their laptop. Unlike a merchant bank solution, which can prove costly and take weeks to authorise and set up, it is free to set up an Intuit Pay account and start taking payments online and the majority of users are approved within minutes. The card reader is also available from £49 (£58.80 including VAT) with no ongoing contract or monthly fee for the customer.
“At Staples, we have a long history of providing small business owners with the latest products to help them keep their company moving forward,” said Louise Barber, head of retail marketing, Staples.
“Businesses increasingly need the flexibility to take payments from customers anytime, anywhere. Our partnership with Intuit brings cutting-edge Intuit Pay technology to our UK customers, demonstrating our continued commitment to support small businesses.”
A recent survey by Intuit of 1,000 small businesses in the UK found 19% of micro-businesses – firms with less than 10 employees – currently accept card payments. Almost half, a total of 47%, said they would accept cards if there was a more affordable way of doing so using their smartphone or tablet.