Square revolutionized credit card transactions by making it cheap and easy to process by ordinary people without needing a merchant account. Personal finance software giant Intuit didn't want to get any futher behind in this area and is partnering with Verizon Wireless,Intuit Partners With Verizon Wireless To Sell Square-Competitor GoPayment At Retail Stores (TechCrunch)Intuit GoPayment provides hardware and services similar to Square. The GoPayment reader hardware will be sold in Verizon Wirele [...]

Read More: Intuit Teaming with Verizon Wireless to Compete with Square in Personal Credit Card Processing

Square is the company that provides a free credit card reader for a Android, iPhone or iPad. Its service and free app lets you accept credit card payments without a merchant account monthly fees. So, how's this working out? TechCrunch reports that:Square Now Processing $4 Million In Mobile Payments Per DayA little arithmetic will tell you that this is over $1 billion a year. And, Square's transaction rate is on the upswing. They reported $3 million per day in payments just a few months ago in Ma [...]

Read More: Square Mobile Credit Card Transactions on Track for $1 Billion Per Year