|MARKET TRADERS GET MOBILE WITH INTUIT PAY
Intuit waves transaction fee for market traders in support of Love Your Local Market
To celebrate the start of Love Your Local Market this week, 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 launched this week 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*.
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 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” Love
Your Local Market, proudly sponsored by Intuit and HMY Radford, started in 2012, in response to the Mary Portas Review on High Streets and was led by the National Association of British Market Authorities on behalf of the Markets Alliance. This year's campaign runs from 15-29 May and will see over 2,200 events taking place at over 600 markets. In 2012, the Love Your Local Market campaign increased footfall by 10 per cent.
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Posted: 17 May 2013
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