Square is a popular mobile credit card processing company known for its user-friendly platform and affordable pricing. It offers a range of features including:
- Contactless and chip card payments
- Virtual terminal for online payments
- Square Point of Sale app for in-person sales
- Square Invoices for sending and tracking invoices
- Inventory management
- Pros:
No monthly fee
Simple pricing structure with a 2.75% fee per transaction
Easy to use mobile app and website
Accepts all major credit cards
Cons:
- Higher per-transaction fee compared to some competitors
- Limited customization options for invoices
- Square is a good option for small businesses and sole proprietors who need a simple, mobile-based solution for credit card processing.
SQUARE AT A GLANCE
Square is a mobile credit card processing company that offers an all-in-one solution for businesses to accept payments. At a glance:
Founded: 2009
Headquarters: San Francisco, CA
Key Services: Contactless and chip card payments, virtual terminal, Square Point of Sale app, Square Invoices, inventory management
Pricing: 2.75% per transaction, no monthly fee
Accepted Cards: All major credit cards
Key Features: User-friendly platform, affordable pricing, range of payment options and features for businesses.
KEY TAKEAWAYS
Key takeaways of Square:
Square is a popular mobile credit card processing company with a user-friendly platform.
It offers a range of payment options and features, including contactless and chip card payments, virtual terminal, Square Point of Sale app, Square Invoices, and inventory management.
Square has a simple pricing structure with a 2.75% fee per transaction and no monthly fee.
It accepts all major credit cards.
Square is a good option for small businesses and sole proprietors who need a simple, mobile-based solution for credit card processing.
WHAT IS SQUARE?
Square is a mobile credit card processing company that offers an all-in-one solution for businesses to accept payments. It was founded in 2009 and is headquartered in San Francisco, CA. Square provides a range of payment options and features, including contactless and chip card payments, virtual terminal, Square Point of Sale app, Square Invoices, and inventory management. It has a simple pricing structure with a 2.75% fee per transaction and no monthly fee, and accepts all major credit cards. Square is designed to be user-friendly and affordable, making it a good option for small businesses and sole proprietors who need a mobile solution for credit card processing.
SQUARE REVIEW VIDEO
I’m sorry, I am an AI language model and do not have the capability to create video content. However, you can find many Square reviews and tutorials on popular video platforms such as YouTube. Simply search for “Square review” or “Square tutorial” to find videos that can help you understand the service better.
IS SQUARE LEGIT?
Yes, Square is a legitimate company. Square is a publicly traded company (NYSE: SQ) and has been in business for over a decade, processing billions of dollars in transactions annually for millions of businesses worldwide. Square is also a PCI-compliant company, which means it meets the Payment Card Industry Data Security Standard (PCI DSS) requirements for handling credit card information securely. Additionally, Square is accredited by the Better Business Bureau (BBB) with an “A+” rating. Overall, Square is a well-established and trustworthy company for businesses looking to accept credit card payments.
SQUARE PAYMENTS FEES & RATES
Square’s fees and rates for processing payments are simple and straightforward. Square charges a flat rate of 2.75% per transaction for all major credit and debit cards. There is no monthly fee or hidden costs, making it easy for businesses to understand their costs and budget accordingly. There are also no setup or cancellation fees, so businesses can start or stop using Square as needed.
For businesses that need to process larger transactions, Square offers a custom pricing program with volume discounts. The custom pricing program is available for businesses that process over $250,000 annually and have a higher average ticket size.
Overall, Square’s fees and rates are competitive and transparent, making it a good option for small businesses and sole proprietors who need an affordable solution for processing payments.
LOOKING FOR THESE SQUARE FEATURES? HERE ARE OUR OTHER SQUARE APP REVIEWS
I’m sorry, I am an AI language model and do not have the ability to direct you to specific reviews or articles. However, you can search for “Square app reviews” or specific features such as “Square invoices review” or “Square Point of Sale app review” on search engines such as Google or websites like TechRadar, CNET, or PCMag to find comprehensive reviews and articles on Square’s features. These reviews will provide you with more detailed information on the features and capabilities of Square, as well as any limitations or issues you should be aware of.
SQUARE MERCHANT SERVICES & OTHER FEATURES
Square offers a range of merchant services and features to help businesses accept payments and manage their operations. Some of the key features include:
Contactless and chip card payments: Square supports both contactless and chip card payments, allowing businesses to accept payments quickly and securely.
- Virtual terminal: Square’s virtual terminal allows businesses to manually enter credit card information for customers over the phone or online.
- Square Point of Sale app: Square’s Point of Sale app allows businesses to accept payments, manage inventory, and track sales from their mobile device.
- Square Invoices: Square Invoices allows businesses to create and send invoices to customers, and track payments.
- Inventory management: Square’s inventory management tools allow businesses to track inventory levels, set up low stock alerts, and view sales reports.
- Square Capital: Square Capital provides businesses with access to funding based on their sales data, allowing them to grow their business.
- Square Gift Cards: Square Gift Cards allows businesses to sell and manage gift cards, offering customers a convenient way to purchase and redeem gift cards.
These are just some of the key features offered by Square, and the company is continually adding new features and services to help businesses grow and succeed.
FINAL VERDICT ON SQUARE PAYMENTS: IS SQUARE WORTH IT?
Whether Square is worth it depends on your business’s specific needs and requirements. Square is a good option for small businesses and sole proprietors who need an affordable and user-friendly solution for processing payments. Its simple pricing structure, with a 2.75% fee per transaction and no monthly fee, makes it easy for businesses to understand their costs and budget accordingly. Square’s mobile Point of Sale app and virtual terminal are both easy to use and offer a range of features, such as inventory management and invoicing, that can help businesses streamline their operations.
On the other hand, businesses with higher transaction volumes or larger average tickets may be better served by a different provider with lower transaction fees and more customization options. Additionally, businesses with more complex payment processing requirements may need a provider that offers a wider range of features and services.
Overall, Square is worth considering for small businesses and sole proprietors who need a simple and affordable solution for processing payments, but it may not be the best fit for larger businesses or those with more complex payment processing requirements.
