Shhhh, here's a small business secret for accepting charge cards you have to know about because...
"We no more take cash."
Those were what I heard from a journey attendant on a small business trip 2-3 weeks ago ssndob. The flight attendant was giving the cabin home elevators the listing of cocktails open to purchase.
I'm thinking (but said allowed without noticing), "Huh?! Really, who doesn't take cash?"
We are 10,000 feet in the air; all WiFi enabled electronics are actually in airplane mode this means no connection. How will they process a bank card?
To my surprise the flight attendants were equipped with handheld devices to swipe a bank card that immediately returned an authorization number. NICE.
Did you understand you too can accept credit card payments anywhere? There is a brand new way for businesses to accept charge cards with out a merchant account.
Time for you to Be Square
Square is a card reader where you are able to accept credit card payments on any device with an audio input jack.
You guessed it! This includes your mobile phone.
It works on the iPhone also on the iPad or iPod Touch and on Google Android phones (sidebar: I acquired a Droid a couple of weeks ago and love it). Square was developed by Jack Dorsey. Yes, exactly the same Jack Dorsey who's cofounder of Twitter.
Square enables you to start accepting card payments (and cash too) at anytime from anywhere. Square is different from a merchant account because there are no contracts, no monthly fees, or hidden costs. You never have even to fund the gear; which is really a small mobile card reader device.
Square Greens Your Business
With Square there's no paper to store or record for your organization or customers.
Using Square you are able to review track and manage the amount of money you are paid online with their simple, easy to use payments page. All Square transactions; your cash, credit card purchases and credit card payments may be accessed securely from anywhere. You are able to quickly see how much you've made for the afternoon, organized by tax, payment method and tips (if you accept them). On top of that your data may be downloaded in other programs.
All receipts are sent to your customer's cellular phone and kept in a well-organized view. You customers can browse photos of each item they purchased, read descriptions, and share the list with others.
How To Get Your Square
If you're ready to get your square (remember it doesn't cost you a cent to get one) here's what you need to accomplish:
download the app form iTunes or the Android Market
follow the instruction on the app to create an account
Important Square TIPS
You have to be approved to accept credit card payments. You must provide your SSN, DOB and receive a straightforward background check (same as a merchant account)
You've to attend to get your Square card reader and soon you are approved
You've restrictions on getting your hard earned money (due to fraud potential). Limited to the $1000 immediately, $1000 each week then 30 days you get the rest. The Square team is taking care of ways to improve the limits.
The same as Twitter, Square would be the next big thing for small businesses, so get your now.