Intuit Announces Prepaid Debit Card for GoPayment

GoPayement iPad app with credit card scanner attached - the Intuit Prepaid Debit Card - on the right, the large version of the credit card scanner - GoPayment works with the iPhone as well

A few hours ago, Intuit showcased its new mobile applications lineup at an event in Moutain View, among them, an updated version of its GoPayment service launched as an iPhone app in 2009.

GoPayment , just like competing solution Square, enables anyone to process credit card payment directly on a smartphone, using a free credit card scanner plugged into the phone or the iPad. (picture below)

Small businesses will be able to start processing credit cards on a mobile device (iPhone or iPad) without needing to provide bank account details! The Intuit prepaid debit card (in the large picture above) acts like a bank account: users deposit funds directly onto the card.  The GoPayment Prepaid debit card will be available soon. Intuit did not share the exact shipping date.

Check out the video demo after the jump.