T-Mobile enters mobile point-of-sales market with GoPoint

T-Mobile store
T-mobile has partnered with global payments provider TSYS to power the GoPoint mPOS software. (Monica Alleven/FierceWireless)

T-Mobile is taking on Square, Clover and other mobile point-of-sale applications with the launch of its own platform. T-Mobile has partnered with global payments provider TSYS to power its new GoPoint mobile point-of-sales software platform for small and medium business customers.

Verizon, AT&T and Sprint already offer mobile POS systems and applications for business customers.

RELATED: T-Mobile testing another banking service

Sponsored by VoltDB

Webinar: The Hidden Inflection Point in 5G: When the Changing Definition of Real-Time Breaks Your Existing Tech Stack

Rethink your definition of real-time to match the changing reality brought to the forefront by 5G. Your users expect milliseconds, in-event decision making. Is your tech stack ready?

T-Mobile GoPoint customers will need a compatible smartphone or tablet with a T-Mobile ONE data and voice plan and a GoPoint card reader. T-Mobile will charge businesses 2.75% for debit and credit card transaction processing. Each GoPoint account can have up to 99 users, each with access to the tools. The app includes reporting for managing sales transactions, tracking inventory and receiving analytics. Customers won’t be charged software licensing fees, and qualified customers will receive free same-day funding.

Square, for comparison, charges businesses between 2.75% and 3.5% for processing card transactions, and it charges up to $60 per month for software licensing.

T-Mobile has also launched a suite of business-critical mobile device management and productivity software, called T-Mobile for Business Marketplace. It offers marketplace advisors that can help businesses choose the best software from options such as Microsoft Office 365, Intuit QuickBooks Online, DocuSign Business Pro, IBM MaaS360 and VMware AirWatch Express, and it offers on-boarding guidance and 24/7 support. T-Mobile is also offering SMBs and self-employed customers the option to add four voice lines to a T-Mobile ONE plan at a discount and receive a free year of QuickBooks Online Simple Start or Essentials edition.


Suggested Articles

Huawei’s smartphone unit shipments in the first quarter of this year were just shy of 49 million, the lowest figure for eight quarters.

AT&T’s 4G LTE network ranked fastest and most consistent, while T-Mobile’s 5G coverage dwarfed that of its two competitors.

Rosenblatt analyst Ryan Koontz said it’s a “$1 billion opportunity that Nokia may lose” and that “these sorts of decisions only come every 7-10 years.