QuickBooks unveils QuickBooks Card Reader for mobile & contactless payments

By Pavithra R

Intuit QuickBooks has announced the launch of QuickBooks Card Reader, a new innovative payments device designed for today’s small business owners.

Integrated with QuickBooks Payments, which processes more than $65 bn in volume annually, the card reader is the latest fintech offering to help small businesses get paid faster, no matter how or where they work. The solution enables small business owners well positioned to adapt to the changing shift towards contactless payments and can speed up in-person sales, accept payments on the go and have transactions automatically reconciled in QuickBooks. Customers can quickly check out and transactions are fast with the reader’s ability to accept card payments by insert, tap, or digital wallet.

QuickBooks used in-depth customer research to identify key features small businesses desire as they look for a more seamless payment experience. QuickBooks Card Reader’s design features include:

• An LED display that guides customers through the payment experience.
• Smart tipping functionality, meaning no sharing of devices as often needed with other card reader and POS offerings.
• Clear connectivity and battery level indicators, giving SMB owners greater confidence they’re connected and ready to accept payments.
• Confidence for small business owners that they are in compliance, adhering to mandates in some areas that require a business owner to show a customer the total charge amount.

“It’s our mission to improve cash flow health for small businesses. With the addition of QuickBooks Card Reader to our portfolio of money offerings, we continue to make it easier for small businesses to get paid. These industry-leading payment hardware solutions that pair seamlessly with the QuickBooks platform further enhance our robust end-to-end payments offering for small businesses and provide flexibility depending on how they do business and how their customers want to pay,” said Rania Succar, Senior Vice President of Intuit QuickBooks Money Offerings.