Intuit is linking, Check, a mobile payment applications that was recently acquired, to other packages in its software line. The purchase of the Palo Alto, Calif.-based software company was billed in a spring announcement as enabling Intuit to get to market faster with payment apps and it is working in adding payment capabilities to three product lines—Mint, Quicken and QuickBooks Online.
In this week's first quarter earnings webcast, Intuit CEO Brad Smith said the first product to emerge will be Mint Bill while the development team is "working with Quicken to do somewhat the same thing."
Apparently further down the pipeline is work to provide functions to QuickBooks Online. The development team is investigating who to facilitate payments between consumers and the small businesses who use QuickBooks Online.
When Intuit announced the purchase in May it described Check as serving 10 million registered users. Intuit said it was paying about $360 million in cash "and other consideration". Intuit also said it would keep Check's office in Israel.
Check this month released a new version for iOS and what the Intuit unit called its biggest update for the iPad in the last two years. The company said the new version enables users to add the Check widget to the Notifications Center. They can also unlock check via fingerprint on devices that support Touch ID. Among other features are a new design which what was described as a "simpler, centralized home screen and revamped bills navigation."
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
