Square Credit Card Reader

Discussion in 'iPhone' started by AllenConder, May 10, 2011.

  1. AllenConder

    AllenConder Member
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    Wow just got my free reader in and I must say, this thing is amazing! My parents own their own businesss and never took credit cards...they asked me to find an app on my "Tech phone computer thingy" (my parents are lame haha)

    2.75% charge on transaction taken out (very reasonable) on charges WITH the reader...3.25% + 15 cent charge if you type it in manually...

    I love it, anyone else have it?
     
  2. Hondamaker

    Hondamaker Genius
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    I have it. I really like it, but I wasn't too thrilled by the length of time it took to have the funds deposited into my account. I swiped a card on a Thursday and didn't get the funds till Tuesday. I'm sure my credit union had something to do with the delay, though.
     
  3. bballrob

    bballrob Genius
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    My brother in law showed me this a week ago. Been meaning to post about it. My reader is on order. Can't wait to get it and be able to put CREDIT CARDS ACCEPTED on craigslist listings.

    Fees are as you stated with no monthly fee and no contract to sign.
     
  4. imutter

    imutter Genius
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    I got it and yes funds take forever and they have no monthly fee all others I seen have a monthly fee
     
  5. Hondamaker

    Hondamaker Genius
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    Free reader, no monthly fee/contract. Can't really beat it.
     
  6. Cjvdh

    Cjvdh Zealot
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    This is so cool I just got onto the Square website and ordered my free reader. I will probably only use it once in awhile but I wonder why they ask you for the SSN when you register? It said my reader should arrive in 2-5 days.
     
  7. bballrob

    bballrob Genius
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    I'm on day 9 and counting.
     
  8. ed2438

    ed2438 Contributor
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    I was thinking of getting one. you never know when you might need it.
     
  9. AllenConder

    AllenConder Member
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    Agreed, my family's businesss is mostly reoccurring payments already set up...it just embarrassing when a new customer asks if you accept debit and you say no
     
  10. ITS ME DAVID

    ITS ME DAVID Evangelist
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    If the credit card is declined does it tell you when you swipe or enter it?
     
  11. ZR_Yancy

    ZR_Yancy Genius
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    From my understanding, they do a credit check.
     
  12. ITS ME DAVID

    ITS ME DAVID Evangelist
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    actually next to where you enter your ssn it says square doesn't do a credit check..i believe its for verification purposes..
     
  13. Hondamaker

    Hondamaker Genius
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    That's true. They never ran a check on me.
     
  14. ZR_Yancy

    ZR_Yancy Genius
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    They must've changed it since I signed up a while back when they first started. They advised it was needed for underwriting purposes to determine the maximum dollar amount we transact. I cancelled before could hit my credit.
     
  15. Demetran

    Demetran New Member

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    Yes. It'll let you know if a card has been declined.
     
  16. ZR_Yancy

    ZR_Yancy Genius
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    This is a very convenient service but I can already see a lot of problems with skimming. I sure wouldn't let a stranger swipe my card on a portable device.
     
  17. jerni

    jerni Member
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    I was just thinking about Square. It's cool and great for small businesss owners, I personally don't need it, but was thinking about skimmers couldn't be possible to create a crack software to skim info. I'm sure it's already out there. Just scary to consider
     
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