Payment Observer

The Latest News, Industry Insights and Research Findings on Global Payment Markets

20Dec/11

Intuit Launches GoPayment Prepaid Visa Card

By Martin Schuppelius

Payment Observer has details on multiple companies that provide funding, atm, and credit card processing services. Get more information and details here.

Intuit has announced to launch a prepaid Visa card, making it easier for small merchants to receive payments. The GoPayment Card is intended for smaller businesses and individuals who don’t have a business bank account and still want to separate the money they make with GoPayment from their personal finances.

GoPayment. It expands Intuit’s strategy beyond processing credit cards on a mobile device to offering a Visa prepaid account. The GoPayment Card has no signup or recurring fees and includes one free ATM cash withdrawal and one transfer of funds to a bank account each month. Chris Hylen, vice president and general manager of Intuit’s Payment Solutions division said: “The GoPayment Card adds new value to those using GoPayment. In addition to helping them get paid, we’re helping them make payments.”