Square Card Reader...

Discussion in 'iPhone' started by ghsNick, Jun 29, 2012.

  1. macrumors 68000

    ghsNick

    Joined:
    May 25, 2010
    #1
    ...I don't have one but they said they'll mail you one for free.

    Do you have to pay for anything if you rarely/don't even use it?

    It says the only charges are:

    Transparent Pricing
    •2.75% per swipe for Visa, MasterCard, Discover, and AmEx
    •Manually-entered cards cost 3.5% + $0.15 per transaction
    •No merchant account, monthly fees or set-up costs
    •Deposits available next business day for card-swiped transactions

    So does that mean I could get one for free and not even have to use it?
     
  2. macrumors 68040

    PsstGreek

    Joined:
    Oct 21, 2010
    Location:
    Tampa Bay
    #2
    Yes. There is no cost in having the reader. The only costs are when a card is swiped using the reader.
     
  3. macrumors 68040

    Roessnakhan

    Joined:
    Sep 16, 2007
    Location:
    Albuquerque, USA
    #3

    That's correct - I have one, but I've rarely used it. But its good to have when you do need it, and that's the only time you get charged.
     
  4. macrumors 68030

    Joined:
    Jun 23, 2010
    Location:
    London, England.
    #4
    God I wish there was something like this available in the UK to take card payments....
     
  5. macrumors 6502

    Joined:
    Jun 20, 2010
    Location:
    Birmingham, AL
    #5
    It's a nice service. No fees when you don't use it and low fees when you do, and they quickly send the money to your bank account.
     
  6. macrumors 6502a

    Joined:
    Sep 23, 2008
  7. Ugg
    macrumors 68000

    Ugg

    Joined:
    Apr 7, 2003
    Location:
    Penryn
    #7
    I've used mine only about 4 times in the last year it's wonderful, especially when splitting bills, in my case amongst my siblings who all live a long way from each other.

    Everything works just like they say it does, no surprises.
     
  8. macrumors 68040

    Joined:
    Nov 6, 2008
    Location:
    The most populated city in the planet
    #8
    Got the reader for free back when it was released. Haven't used it once. No cost unless you swipe (a credit card that is, apparently some fools think you can swipe dollar bills too).
     
  9. macrumors 6502

    Joined:
    Sep 9, 2007
    Location:
    Little Rock, AR
    #9
    Its free and so are all of its competitors: Intuit, Paypal, etc. I have them all and very rarely use any of them.
     

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