T-Mobile this week launched 'GoPoint by T-Mobile for Business', a new mobile Point of Sale (mPOS) solution offering free same-day funding with no software licensing fees.
GoPoint provides 24/7 live technical support with no hoops to jump through to talk to a real person.
Businesses are inundated with fees from mPOS providers – security fees, audit fees, conversion fees, over-the-limit fees, fees for same-day funding, says T-Mobile. With no surprise fees and same-day funding for well-qualified customers, GoPoint helps accelerate cash flow and reduce expenses so small businesses can better manage their finances and get things done.
All a business needs, to accept card payments, is a compatible smartphone or tablet with T-Mobile ONE service and a GoPoint card reader. Businesses pay 2.75% for debit and credit card transaction processing and are eligible for free funding on the same day. GoPoint provides up to 99 employees of the business with the tools, reporting, and insights they need to manage sales transactions, track inventory, and get analytics.
For its entry into the mobile payments space, T-Mobile partnered with proven global payments provider TSYS to power the GoPoint mPOS software, secure transaction management and same day funding.
The Operator also announced T-Mobile for Business Marketplace, providing small and mid-sized businesses with a suite of affordable, business-critical mobile device management (MDM) and productivity software.
Mike Katz, EVP for T-Mobile for Business
Not surprisingly, paying fees on top of fees and waiting days for their hard-earned money is a big pain point, particularly for small businesses. That’s why the Un-carrier is doing payments differently – with free same-day funding, no software licensing fees and 24/7 live support from real people.
Philip McHugh, Senior Executive VP and President of TSYS Mechant Solutions
T-Mobile chose our point-of-sale platform to power GoPoint because of our deep knowledge and expertise in the payments industry.
