Intuit in Talks to Buy Check Inc: WSJ

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Intuit is in discussions to purchase bill payment company Check Inc., according to a report in The Wall Street Journal.

The talks are in early stage and a final agreement may be as much as two or more weeks away, the Journal reports, attributing its information to two unnamed sources.

Check, formerly called PageOnce, would be the latest in a series of technology acquisitions for Intuit, the Journal reports. Last year Intuit purchased document service provider DocStock, tax return company GoodApril and FullSlate, a small business scheduling provider. Check's smartphone app is used by more than 10 million people to pay bills, and the company's revenue stream includes advertisements placed within its mobile app.

Check also offers personal financial management tools, similar to Intuit's Mint.

Intuit also supports mobile payments via its GoPayment card reader as well as payments for small businesses that use QuickBooks.  It also supports Square's portable card reader in QuickBooks.

Intuit and Check would not provide comment to PaymentsSource. 

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