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Monday, May 21, 2012

Check Out My New Credit Card Terminal !!!

We're used to things getting smaller, but usually the price doesn't follow. That is until you look at credit card processing...

I recently got the Square Card Reader over the weekend. Like all new technology, we have to take a grain of salt with it. This product though has blown away my expectations. Since spotting this a few months back, I was waiting to take the leap, and I'm glad I did!

Here's how it works....
Using your smartphone or tablet (Android / iOS), download the Square App and connect the FREE reader which they sent by mail. Plug the reader into the headphone jack, launch the app and you now have a credit card terminal! Punch in the amount to charge, swipe the card, hit the process transaction icon, done. You can even do manual card entry. You can even issue a refund right from your transaction history register on the device!

This is all great but how much does it cost? Simple: 2.75% per transaction (3.5% + 15cents for manual entry). Thats it. No minimums, no terminal fee or merchant fees, no tiered pricing, no guessing. I LOVE IT.

So what about the receipt and signature? No worries. The receipt gets emailed or text messaged to them on the spot! And the signature is entered right on the screen with their finger or a stylus.

Process the payment over 2G, 3G, 4G or WiFi, all the data is encrypted. They adhere to the highest industry standards (PCI Level 1).

The money is transferred within 1 business day via ACH, unlike PayPal which holds it in their account until you  initiate the transfer.

So what are you waiting for? Ditch the terminals from 1990 and get Square today! Available at Radioshack and Online at https://squareup.com/

You will need the following:
  1. A Smartphone or Tablet
    • Apple device running iOS 4.1 or higher (iPad iOS 5.0+ for register version)
    • Android running 2.1 or higher 
  2. A 3.5mm headset jack with microphone (audio jack adaptors are not supported)
  3. A screen size specified as Normal or Large (Small screen sizes are not supported)
  4. GPS enabled
  5.  A data connection
This is a solid solution for anyone on the Go or even at a fixed location. They will provide you with multiple readers if you have several devices to swipe from, for free.



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