The Beauty of Square — Accept Credit Cards Without a Merchant Account
Credit card payments via cell phone
Square is a little device that plugs right into your smartphone. You must have an iPhone or android smart phone in order to be able to download the Square app and accept credit card payments.
This is revolutionizing the way small business owners do business. Now taking credit cards is open to any business owner regardless of their own credit history. And their own personal credit is not on the line for chargebacks or refunds.
Jack Dorsey, one of the cofounders of twitter, is also a cofounder of Square. So you know the technology is going to be well-funded and have technology expertise behind it.
It’s beautiful for your customers because you can tell them that no payment data is stored on the cell phone that Square is plugged into.
It could even be used to handle larger Craigslist transactions so the buyer doesn’t have to carry cash. Even a private consumer can see the value in taking credit card payments via the Square technology right on their cell phone.
If you’ve been having issues getting a merchant account for your local business then jump onboard the Square technology train.
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