If you think your payment system is restricted to a retail environment or an internet transaction, think again: Square can now accept payments for you anywhere, anytime. Small and medium business owners can now sell their products and services anywhere they\u2019d like with the new mobile platform for payments.<\/p>\n
Square has made an easy to use system, but it\u2019s not one that customers are wholly familiar with because, simply, there is a lack of a traditional cash register. However, like the traditional payment method, a card is collected from the customer and swiped through a small machine \u2013 only the machine can be hooked up to virtually any smart phone or tablet. If the card is accepted, the customer can then use the tip of their finger or a stylus to sign and leave a tip from the card. This allows transactions to be done at the table within moments \u2013 Square even sends an electronic receipt to the customer\u2019s e-mail or phone once the transaction has cleared. This also clears up the need to ever keep track of paper receipts when there is an issue with something and something needs to be returned for any reason \u2013 and it saves on paper, too.<\/p>\n
It doesn\u2019t matter what industry you\u2019re in \u2013 you can use Square. However, the application is targeted at a particular audience, like people who sell at street markets or craft fairs, but the technology may also become a staple in the restaurant environment as well. When you sign up for the service, you receive the reader that attaches to your smart device for free, and the application is simple to install on any machine. The transaction, once it clears, is added to a comprehensive list of transactions that has been conducted by the business \u2013 and Square has even worked out a deal so any credit card can be swiped.<\/p>\n
The only down side: the cost per transaction. Square takes a 2.75{7e4ee7cd997d36f6dec43befd6b19c37edf0959bbf61766e988f901dd91e96d7} charge off the top whenever a card is swiped, and if you had to manually enter a transaction \u2013 that is, you typed in the numbers \u2013 your fee is boosted to a whopping 3.5{7e4ee7cd997d36f6dec43befd6b19c37edf0959bbf61766e988f901dd91e96d7} plus an extra .15 per transaction. What\u2019s left will automatically be sent to the bank account you hooked up to Square when you set it up in the first place.<\/p>\n
Square even offers a \u2018loyalty platform\u2019 that merchants devoted to the program can use. \u201cPay with Square\u201d provides rewards to frequent customers and top spenders, and merchants can define the kind of reward they want to give out, including discounts and coupon codes.<\/p>\n
Square\u2019s technology has been around for awhile, however, it is the first of its kind to charge under 5{7e4ee7cd997d36f6dec43befd6b19c37edf0959bbf61766e988f901dd91e96d7} per transaction, making it a more affordable choice for any small business owner.<\/p>\n","protected":false},"excerpt":{"rendered":"
If you think your payment system is restricted to a retail environment or an internet transaction, think again: Square can now accept payments for you anywhere, anytime. Small and medium business owners can now sell their products and services anywhere they\u2019d like with the new mobile platform for payments. Square has made an easy to […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"\n