We live in a virtual world where we want, and have access to most, things now! With this new technology from SquareUp a simple square card reader attached to your iPad, iPhone, or other compatible device let’s you accept credit card payments wherever you are. This technology eliminates the need for cumbersome equipment, separate payment gateway and merchant service providers, and all the hassle that goes along with accepting credit cards. This tiny square is less than a quarter the size of a credit card and attaches directly to your device. Simply download the app and then you are ready to swipe your customers cards and start your Square payment processing.
SquareUp takes many precautions to ensure that both your data and the customers information is protected and secure. Payments will be deposited directly to your bank account, you don’t have to wait days for them to go through numerous payment systems before you actually receive the money. Square makes lump payments every night except Saturday. Any payments processed before noon will be sent that night, payments processed after noon will be sent the next evening. So what does it cost you to use Square for your payment processing needs? For a regular swiped purchase the fee is a flat 2.5%, no other fees or hidden charges apply. Another option with Square payment processing is to enter the credit card information manually into the application. If you don’t have the card reader or have a problem with it reading a particular card, you can simply input all the details into the system, this type of Square payment has slightly higher fees associated with it at 3.5% plus 15 cents per transaction.
The Square payment processing was first introduced in early 2010 and the company already employees more than 100 people. Square was co-founded by Twitter creator Jack Dorsey and Jim McKelvey. The company continues to grow and introduce new products like the Card Case and Register programs. Card Case is for individuals to set up their own merchant account that is linked to a credit or debit card, allowing them to make purchases from compatible merchants with their account without ever having to swipe a card, is application also keeps digital receipts all in one location. Register is another application providing point of sale software that is designed to replace traditional credit card terminals and cash registers. Square’s currently valued at more than a billion dollars.
Payment processing has never been easier. Visit SquareUp.com to learn more about the Square payment processing service. Sign up and they will send you a Square card reader for free. Accept all major credit cards i.e. Visa, MasterCard, American Express, and Discover. Setup is quick and easy, you will be able to accept credit cards within a matter of minutes. Read some Square reviews to see what others have to say about this simple, effective way to accept credit cards wherever you are! There is no setup fee, no activation fee, no monthly fee, no gateway fee, no chargeback fee. Seriously, all you pay is the percentage that is automatically deducted from the actual sale.