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Competition in Mobile Credit Card Processing Helps the Business Owner

In a move that seems designed to take some of the wind out of Square’s sails (who just this week received an investment from Visa), Intuit’s GoPayment mobile credit card swiping service is dropping their per transaction fees.  The clear winner here is neither Square or Intuit, though, but the business owners and entrepreneurs who are using these devices.  Fees don’t affect consumers, but they do directly impact bottom lines.

Tags: credit card processing, fees, gopayment, intuit, square, visa