Intuit QuickBooks has announced the release of a new card reader, which has been designed to help small business owners get paid faster.
Available now, the QuickBooks Card Reader will help speed up in-person sales, the firm says, as well as accept payments on the go and have transactions automatically reconciled in the QuickBooks Payments platform. Customers have the option to pay by insert, tap or digital wallet.
“It’s our mission to improve cash flow health for small businesses,” commented Rania Succar, Senior Vice President of Intuit QuickBooks Money Offerings. “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.”
QuickBooks says it used in-depth customer research to identify key features that small businesses desire as they look for a more seamless payment experience.
As a result, the new Card Reader features an LED display and a smart tipping functionality, which allows business owners to customise three tipping options that will appear on the screen – including tipping as a percentage or a flat amount.
There’s also clear connectivity and battery level indicators, as well as compliance with mandates in some areas that require a business to show the customer the total charge amount.
In summer 2021, QuickBooks is also releasing the QuickBooks Power Stand, which will wirelessly charge the Card Reader and turn the pair into a portable countertop payments hub.
The stand will also feature an integrated USB port to charge USB-compatible devices such as phones or tablets, the company revealed.
QuickBooks Payments customers can now purchase the QuickBooks Card Reader for $49 on the company’s website, while the Power Stand will arrive later this summer, priced at $39. Both devices together will be available for $79.
“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,” Succar added.
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