Square, the very handy portable credit card reader!
#1
Sanest Florida Man
Thread Starter
Square, the very handy portable credit card reader!
Anyone else use one of these? I've had one for a while now and while I don't use it a lot it's nice to have. What's great about it is that it's free, there's now account fees, no minimum amount you have to charge or you get hit with fees, and no hidden fees.
It plugs into the headphone jack of an iPhone, iPod Touch, iPad or Android phone and you swipe the card and it charges it and sends the monies to your bank account. The person can sign using the touch screen and you can email or text them a receipt and the receipt has the location of where the transaction occurred too.
The only charge is 2.75% for swiped cards and 3.75% for manually entered cards. If you're ringing up ten thousand of dollars in sales and don't need the portability then this isn't for you but if you do less than that then this is perfect. I've only used it twice but it was great when I had it. Otherwise I wouldn't have gotten paid.
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www.squareup.com
It plugs into the headphone jack of an iPhone, iPod Touch, iPad or Android phone and you swipe the card and it charges it and sends the monies to your bank account. The person can sign using the touch screen and you can email or text them a receipt and the receipt has the location of where the transaction occurred too.
The only charge is 2.75% for swiped cards and 3.75% for manually entered cards. If you're ringing up ten thousand of dollars in sales and don't need the portability then this isn't for you but if you do less than that then this is perfect. I've only used it twice but it was great when I had it. Otherwise I wouldn't have gotten paid.
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www.squareup.com
#3
Sanest Florida Man
Thread Starter
perfect for hookers.....
#5
I shoot people
#7
Sanest Florida Man
Thread Starter
Most stores that do thousands and millions in sales get lower rates than 2.75% but for someone who uses it occasionally it's much better than any other system that has annual fees, cost for the reader itself and charges you a penalty if you don't have x amount of charges per month.
Square does take Amex, Discover, MC and Visa.
Square does take Amex, Discover, MC and Visa.
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#8
B A N N E D
iTrader: (4)
idk exact detail of rates for card machines and such, just roughly what they charge about
BUT the biggest issue i see with the device though is security issues, with me wanting to say run my card through it, just hope the data is never stored, cause a phone is so easy to loose
BUT the biggest issue i see with the device though is security issues, with me wanting to say run my card through it, just hope the data is never stored, cause a phone is so easy to loose
#9
Sanest Florida Man
Thread Starter
no, your CC is not stored on the device
#10
Suzuka Master
Yup, we use it for our club.
When we were selling bacon wrapped hot dogs on campus for an event we made sure we put a sign up saying we take credit. And those people that said no, we got no cash that excuse wouldnt work on us.
Others didnt believe it and bought one just to see it. Made a couple sales like that lol. Although still a majority sales are cash, it comes in handy a lot.
When we were selling bacon wrapped hot dogs on campus for an event we made sure we put a sign up saying we take credit. And those people that said no, we got no cash that excuse wouldnt work on us.
Others didnt believe it and bought one just to see it. Made a couple sales like that lol. Although still a majority sales are cash, it comes in handy a lot.
#11
Moderator
Join Date: Oct 2004
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#12
Needs more Lemon Pledge
Does it convert to roses?
DAMMIT you guys beat me too it...
DAMMIT you guys beat me too it...
#13
Drifting
iTrader: (1)
I thought some CC company or security company was screaming that this thing was extremely unsecure.
EDIT: I guess the guy was kinda blowing smoke but there is no encryption so he thinks its the Achilles heel.
http://www.cocoanetics.com/2011/03/how-safe-is-square/
EDIT: I guess the guy was kinda blowing smoke but there is no encryption so he thinks its the Achilles heel.
http://www.cocoanetics.com/2011/03/how-safe-is-square/
Last edited by rza49311; 06-20-2011 at 07:48 AM.
#14
Coal
Join Date: Dec 2009
Location: Freaking everywhere
Age: 31
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the idea is good but the machine is a tad slow.
my mom uses one for her psychology practice and even on a strong wireless network or a 3g network for her iPad it wouldnt read half of the cards.
good rates tho.
my mom uses one for her psychology practice and even on a strong wireless network or a 3g network for her iPad it wouldnt read half of the cards.
good rates tho.
#15
Team Owner
I never understood why these card processing companies get away with charging more for a manually entered card. Something like this is great for field service. I'd rather pay the CC company a few % than to go though the hassle of chasing down some mofo to send me a check 30 days later.
#16
Go Giants
Hookers?
#18
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I never understood why these card processing companies get away with charging more for a manually entered card. Something like this is great for field service. I'd rather pay the CC company a few % than to go though the hassle of chasing down some mofo to send me a check 30 days later.
Mid qualified which is keyed in transactions such as Internet and PoS device, business and corporate cards and rewards cards.
And lastly non qualified which is for like corporate cards with even higher rewards.
I'm guessing they charge less for swiped cards is cause it's probably quicker to process and merchants will have more of those transactions.
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