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What is GoPayment & How Can It Work For My Small Business?

  • February 2017
  • Point of Sale
GoPayments and Small Business

Intuit GoPayment allows you to take debit cards and credit cards from your mobile device.  This can be you iPhone, iPad or Android. The credit card reader plugs directly into your device for easy payment processing.

The new Intuit GoPayment readers are now EMV compliant.  So you can take payment with confidence with either a chip card or non-chip card.

It’s important to note that chip sales transactions take power unlike a swiped transaction.  This necessitates an internal batter that powers the chip credit cards.  With that said, a USB cable comes with these new devices to they can be conveniently charged.  Depending on your Internet connectivity, you can take up to 300 credit card swipes and chip transactions with a single charge.

GoPayment Reader with Chip and Swipe Transactions

There is a LED display on top of the reader.  This displays an amber light while charging and when fully charged it turns green.  This process can take up to four hours.

Intuit GoPayment Charging

One of the great features of GoPayment is that it syncs your sales, payments & inventory transactions back to your live QuickBooks Point of Sale company file automatically. As shown below you can sync as frequently as every 5 minutes or up to every 24 hours. Just use the sliding scale to choose the frequency best suited for you.

GoPayment syncing to QuickBooks Point of Sale

In your QuickBooks Point of Sale company file you can choose which items you want to sync to your mobile device. You may have thousands of items but you may only take a couple dozen to a trade show, flea market or some other remote location. As shown below you merely click the checkbox of the items you want to sync in the “Mobile” column of your item list. The next “sync” will push those items out to your mobile device and ready for sale.

GoPayments syncing items for sale on mobile

Under Company Preferences, you can choose to associate pictures with your items. This may help your more inexperienced cashiers during the sales process.

GoPayments Inventory item pictures

Below you can see we have added a picture to our Belt item in QuickBooks Point of Sale. During the next sync, this picture will be transferred to your mobile device as well. An iPhone screenshot of this is shown below.

GoPayments edit inventory item

 

GoPayment iphone screenshot inventory item

Once you make the sale (cash, check, credit or debit card) you have the option of emailing or texting the receipt to your customer. Of course, your customer always has the option of not receiving a receipt and that option is a the bottom of this screen.

GoPayment completed transaction

Security

Intuit has you covered when taking payments via your online device. QuickBooks simulates online banking industry protocols with a sophisticated SSL (Secure Socket Layer) using 128-bit secure encryption. Credit card numbers or names are never stored on your mobile device. 

It’s important to point out that you should never use a wireless network that is not secure.  This, of course would not be PCI-compliant.  We never recommend using a public wireless connection at a hotel, restaurant or other “free” location. If security is as important to you as it is to Enix & Associates then use an air card or other mobile Hotspot device provided by a major carrier such as AT&T or Verizon.  The additional cost is worth every penny.

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