MARKET TRADERS GET MOBILE WITH INTUIT PAY

MARKET TRADERS GET MOBILE WITH INTUIT PAY

INTUIT WAIVES TRANSACTION FEE FOR MARKET TRADERS IN SUPPORT OF LOVE YOUR LOCAL MARKET

To celebrate the start of Love Your Local Market, Intuit has today announced an exclusive offer for market traders taking part in the initiative, to enable them to take card payments from their stalls with Intuit Pay.
Intuit Pay, which enables anyone to securely accept credit and debit card payments anywhere using a smartphone, tablet or computer, is being offered to traders at 1,500 of the UK’s local markets as part of the exclusive partnership deal.

As the UK’s local markets witness a revival in fortunes, traders are looking to new technologies such as mobile payment devices, to ensure they remain competitive. Intuit’s partnership offer aims to support the UK’s local market traders, ensuring they never miss a sale.

Love Your Local Market will be launched today at London’s Portobello and Golborne Road Market by Minister for Local Growth Mark Prisk MP. The initiative is a two-week celebration of market trading taking place across the UK, hosted by the National Association of British Market Authorities (NABMA) and supported by the Department for Communities and Local Government.

Intuit’s deal with Love Your Local Markets will offer the Intuit Pay Bluetooth chip and PIN card reader at half price to traders at local markets across the UK. Each trader using Intuit Pay will also benefit from £2,500 worth of free transactions for 90 days*.

Graham Wilson, chief executive of NABMA said: “Love Your Local Market is the biggest markets industry event for years. It gives markets the opportunity to attract new traders and show their importance to the local community.

“NABMA is delighted to be working with Intuit, who have proved themselves so successful in helping small businesses, and is grateful for their generous contribution to help both existing and new traders.”

Mark Little, UK MD of Intuit said: “Intuit Pay solves an important problem for the millions of small businesses in the U.K. who don’t currently accept card payments and so miss out on sales or prompt payment as a result. The UK’s market traders are a hugely important part of that small business community.

“Intuit is thrilled to support Love Your Local Market by offering this deal, which we hope will ensure the market traders across the UK can thrive.”

Intuit Pay is already being used by thousands of small businesses across the UK and can add real benefit to market traders who often miss out on larger value sales as customers carry less and less cash.

Sinead Kohler, Sinead Kohler, co-founder of the Crafty Fox Market found that Intuit Pay improved the takings at their market: "We found that customers spent more at the stalls using Intuit Pay, as they weren’t limited by the cash in their pockets”

Stacie Swift, owner of Stacie Swift Illustration has been using Intuit Pay on market stalls and found it a simple way of maximising sales: "Using Intuit Pay means I don’t miss out on people making ‘impulse buys’… I’m not the most tech-savvy person, but I found Intuit Pay really easy to set up and use."