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Amazon might launch Kindle-powered checkout system and cloud-based payment service
Amazon might still be working away on its far-out delivery drone project, but it's also reportedly cooking up something else, admittedly a little tamer, too: a Kindle checkout system and a P2P payment service. Yes, the former's exactly what it sounds like -- a Kindle tablet equipped with proprietary software and a credit card reader (like Square), at least according to the Wall Street Journal. Amazon supposedly acquired GoPago (a mobile payment platform for merchants) in 2013 to nudge this venture forward, though TechCrunch says it's not the only payment solution the firm's developing. Apparently, the company's also creating a cloud-based P2P payment system that might be accessible not just on mobile phones, but also on desktops, making it a veritable PayPal competitor. We just hope it doesn't tie up with Amazon's plans to "ship before you buy" if it does launch, because surprise credit card charges are a nightmare.
Intuit now offering GoPayment service without fees through February, also throws in a free card reader
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. Let's just hope Intuit's system doesn't suffer from the security problems of its rival.
