Scott Cook started Intuit in 1983, and since then he and the company have overcome quite a few obstacles. He watched as mobile became a dominant channel in people’s lives, found ways to penetrate emerging markets, and leveraged Intuit’s excellent reputation to pick up the hot new kid on the block, Mint.com.
Inuit’s GoPayment reader, which competes directly with Square, is about to become more attractive to small businesses. The company has made the decision dropped the transaction fee ($0.15 per transaction) for both new and existing customers for Visa, MasterCard and Discover cards, both swiped and key-entered as well as qualified and non-qualified transactions. The move will go into effect on… → Read More
This morning, the company announced that the iPad app is now available. The GoPayment apps brings a new layout that takes advantage of iPad’s large, high-resolution display and multi-touch interface. → Read More
Last night I caught up with Intuit founder Scott Cook and Aaron Patzer, the founder of Mint who know runs Intuit’s personal finance group. I whipped out my iPhone and did an impromptu interview. Cook and Patzer talk about where growth is coming from at Intuit, how it tries to encourage entrepreneurism, and the “payment graph.”
Cook is really excited about SnapTax, the TurboTax iPhone app that… → Read More
Mobile payments are finally taking off right now. But it is not mobile wallets for consumers with NFC-chipped mobile phones leading the way. It is payment apps for small merchants like those made by Square and Intuit’s GoPayment. Tonight at an Intuit showcase in New York City, I got a sneak peak at several new Intuit products still in development, including an upcoming GoPayment tablet app that… → Read More
Last night, after much procrastination, I started my taxes—on my couch with a movie playing on the TV, using only my iPad. I was testing out an early build of TurboTax, which is now available for the iPad (in addition to the online and desktop versions). I got through the bulk of my taxes by the time the movie was over.
Taxes are never fun, even on the iPad. But the new TurboTax iPad app… → Read More
Intuit raised eyebrows in early January when it rolled out a free version of its Square-competitor, GoPayment, which is a mobile payment application and small credit card reader that attaches to smartphones. The caveat to the free version, as reported by Fortune, was that businesses had until mid-February to sign up for the free service, whereas Square is and always has been free to users (minus… → Read More
Speaking at TechCrunch Disrupt in San Francisco today, Scott Cook, the founder and chairman of Intuit, and Beth Comstock, the chief of marketing and vice president of General Electric (GE) traded notes on innovation, investing and acquisitions.
Intuit’s best-known products include Turbo Tax, Quickbooks and Quicken, software that helps consumers, the owners of small and medium sized businesses and… → Read More