QuickBooks maker Intuit on Tuesday announced the release of GoPayment, a free application for the iPhone and iPod touch designed to help businesses process credit card payments.

Intuit GoPayment helps you process credit card transactions from your iPhone.
What’s more, any transaction information produced using GoPayment is available online from Intuit’s Merchant Service Center. You can also synchronize those transactions with QuickBooks, Intuit’s small business accounting software.
The application is free but the underlying service is not; businesses that download the app need to create an Intuit GoPayment merchant account, which costs $20 per month and incurs a $60 setup fee. There’s also a transaction fee.
System requirements call for an iPhone or iPod touch running iPhone OS 2.2.1 or later. QuickBooks integration requires QuickBooks 2009.
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