Intuit GoPayment Turns Palm Pre Phone Into Credit Card Terminal

Available in Pre`s App Catalog, GoPayment Helps Business Owners Get Paid on the
Spot
MOUNTAIN VIEW, Calif.--(Business Wire)--
Intuit GoPayment, a new way for business owners to process credit cards on their
mobile phones, is the first small business application available for the new
Palm Pre phone.

The Pre went on sale Saturday (June 6), and GoPayment, developed by Intuit Inc.
(Nasdaq:INTU), the maker of QuickBooks®, can be downloaded from Pre`s on-device
beta App Catalog. GoPayment helps improve cash flow by giving small businesses
an affordable and hassle-free way to process credit card payments outside the
office as soon as the job is done.

Pre, exclusively offered from Sprint, helps consumers and business owners become
more productive by bringing together the key information they want from
different sources, such as the Web or a personal computer, and making it
available in just one place - when they need it.

"Palm Pre lets entrepreneurs easily juggle the many demands of their business
with those of their personal life," said Pam Deziel, vice president, Developer
Marketing, Palm, Inc. "Palm products have always been about simplifying lives,
and GoPayment does that too by letting business owners process payments on the
spot so they get paid faster."

GoPayment is part of Intuit`s small business growth strategy to deliver
innovative mobile offerings that help entrepreneurs manage their business on the
go. As one of its first mobile partners, Intuit recently announced its work with
Sprint to offer GoPayment on select Sprint phones, now including Pre. At the
same time, to develop GoPayment for Pre, Intuit worked closely with beeweeb, a
mobile software design company, to take advantage of the enhanced productivity
offered by the webOS development environment. Leveraging beeweeb`s mobile
expertise, Intuit quickly delivered an intuitive user experience leveraging
Pre`s touch screen and multitasking capabilities.

GoPayment Features and Benefits

GoPayment is ideal for small businesses that sell products or services outside
of the office or store, such as carpet cleaners, plumbers, photographers, and
wedding planners. It provides an affordable and hassle-free way to get paid on
the spot. Features and benefits include:

* No extra hardware: GoPayment works on the mobile phone entrepreneurs are
already carrying; it requires no special hardware, such as an expensive wireless
terminal, which costs around a thousand dollars.
* Easy to use: All that`s needed is the Palm Pre with the GoPayment application
and an Intuit GoPayment merchant account. Within seconds, users can enter credit
card data, process payment and send an e-mail or text receipt.(1)
* Scalable for multiple employees: Business owners can add employees to a single
merchant account at no additional cost.
* Transaction management: GoPayment users can monitor transactions and users via
Intuit`s online Merchant Service Center. They can also save time by downloading
transactions into QuickBooks Pro or Premier 2009.
* Security: GoPayment protects information during transmission using the same
technology as the financial services industry standard. Credit card data is
never stored on the handset and each user has a unique login and password to
access GoPayment information.

Pricing and Availability

The Intuit GoPayment application is free and is available now on Pre`s on-device
beta App Catalog. To process credit card payments, business owners also need an
Intuit GoPayment merchant account, which costs $19.95 a month and requires a
one-time setup fee of $59.95. Transaction pricing is competitive with no
long-term contracts. Business owners may cancel at any time. For more
information go to: http://mobilepayment.intuit.com/.

About the Palm Pre Phone

Palm® Pre is the first phone running the new Palm webOS platform, which brings
together your important information from where it resides - on your phone, at
your work or on the web - into one logical view.(1) Palm Synergy, a key feature
of webOS, pulls your contacts and calendars from places like Outlook, Google and
Facebook, so everything is right there for you when you need it. Palm Pre also
lets you flip back and forth between all the things you have open at once -
instead of opening and closing them - so you can flow easily between activities
without losing your place. Pre`s exquisite design includes a touch screen and a
physical keyboard that slides out only when needed. The new Palm Pre and webOS
are designed to be so in sync with your needs that it feels like Pre is thinking
ahead for you. More information about the Palm Pre phone is available at
www.palm.com/Pre.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions
for small and mid-sized businesses; financial institutions, including banks and
credit unions; consumers and accounting professionals. Its flagship products and
services, including QuickBooks, Quicken and TurboTax software, simplify small
business management and payroll processing, personal finance, and tax
preparation and filing. ProSeries and Lacerte are Intuit`s leading tax
preparation software suites for professional accountants. The company`s
financial institutions division, anchored by Digital Insight, provides on-demand
banking services to help banks and credit unions serve businesses and consumers
with innovative solutions.

Founded in 1983, Intuit had annual revenue of $3.1 billion in its fiscal year
2008. The company has approximately 8,000 employees with major offices in the
United States, Canada, the United Kingdom, India and other locations. More
information can be found at www.intuit.com.

(1) Use of this device requires providing a valid e-mail address, mobile phone
number, and related information for account setup and activation. Unlimited
usage data plan strongly recommended; additional data charges may apply. Within
wireless coverage area only. Number of applications and actual performance will
vary depending on applications used and actions performed.

Intuit, the Intuit logo, and QuickBooks, among others, are registered trademarks
and/or registered service marks of Intuit Inc. in the United States and other
countries. Palm, Pre, webOS and Synergy are among the trademarks or registered
trademarks owned by or licensed to Palm, Inc.

Intuit Inc.
Sharna Brockett, 650-944-3856
sharna_brockett@intuit.com
or
Access Communications
Jen Garcia, 415-844-6244
jgarcia@accesspr.com

Copyright Business Wire 2009