Intuit’s GoPayment Mobile Credit-Card Reader Beats Square’s into Canada

Intuit will soon launch its mobile credit-card reader in Canada, beating the well-funded-and-recognized Square to the market. Both companies distribute devices that allow small-scale merchants to accept credit cards on a cellphone or tablet; so far, Square only operates in the U.S. Intuit, the publicly held company that sells other small-business resources, such as QuickBooks, said its GoPayment device will be available in Canada early this year; it plans to push into other international markets in the future.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work