Who might use a service like Square?
Square can be used in many of these situations where only cash or check have been viable options previously.
Anyone, even individuals not associated with a business, cansign up.
If approved, you do not need any hardware to begin taking credit cards.
Let’s run through a sample transaction through the Square interface.
The Square reader plugs into the headphone jack of an iPhone, iPad or Android equipment.
These are the only three devices that support the Square platform at the present time.
You have 3 options for payment.
Square does not charge for this service.
The second two are both credit card transactions.
Finally on the next screen, you have the option to have a receipt emailed to the payee.
This email receipt includes the details of the transaction as well as the merchant’s (your) address.
As you’re free to tell from my experiences so far, I am very impressed by Square.
But who would benefit from using Square?
For businesses, it gives you an easy portable solution for accepting credit cards.
However it does lack a few features that many normal merchants have.
An API to accept payments via a website is notably lacking.
That all being said, Square has the possibility of absolutely revolutionizing the credit card processing industry.
Let us know if you have used Square and what you think of their services.
Everything seems to be positive from my testing but hey share your experiences with our other readers!
