In a bid to further integrate cloud-based platforms with its more conventional offerings, Intuit plans to combine QuickBooks Point of Sale (POS), its offering for retailers, with its three-year-old mobile-only GoPayment platform, ZDNet reports.

GoPayment is a service that allows small and medium-sized (SME) vendors to process debit or credit cards using an Apple iPhone – no proprietary point-of-sale hardware necessary. The app and hardware is free, and Intuit makes its money from transactions (2.7% per swipe) or a monthly membership fee ($12.95 per month).

Intuit has been in the POS business for 10 years and its QuickBooks POS solution is aimed at the small SME customer, Tech Crunch writes. ... Read more