Intuit announced a new partnership with Staples to facilitate the distribution of its Intuit Pay chip & PIN mobile POS solution across the UK, reported Mobile Payments Today. The introduction will begin with a three-month pilot and the card reader will be sold to small merchants for £49.
Merchants will be required to pay a 2.75 percent processing fee for each credit and debit card payment completed with the device.
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“At Staples, we have a long history of providing small business owners with the latest products to help them keep their company moving forward. Businesses increasingly need the flexibility to take payments from customers anytime, anywhere. Our partnership with Intuit brings cutting-edge Intuit Pay technology to our U.K. customers, demonstrating our continued commitment to support small businesses,” stated Louise Barber, head of retail marketing at Staples.
Read the full story here.
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