You can buy a Square reader in places like the Apple Store, BestBuy, RadioShack, etc., for about $10. You'll have to pay tax, but the box includes a $10 credit for your account.
You can also request they send you one for free.
Works good. Have used it a few times and have had no issues.
Square is 2.75% flat.
Intuit Swipe appears to be 2.7%, but 3.7% if you manually enter it (type in the card number instead of swiping). They do have a "high volume" account that has a lower percentage rate, but a monthly fee.
I work for a credit card processor and those rates you guys are spewing are HUGE. They're double what you would pay simply by opening a processing acct and downloading the verifone payware mobile app from the market.
current interchange rate on visa/mc transactions is 1.54%. if you're paying 3.5, you're paying more than double the fees
I agree that the square thing is a cool device but you're really getting torn apart in fees
What do you mean "opening a processing acct"? Is that something you can do through that app or where would I go to initiate one?
I work for a credit card processor and those rates you guys are spewing are HUGE. They're double what you would pay simply by opening a processing acct and downloading the verifone payware mobile app from the market.
current interchange rate on visa/mc transactions is 1.54%. if you're paying 3.5, you're paying more than double the fees
I agree that the square thing is a cool device but you're really getting torn apart in fees
I work for a credit card processor and those rates you guys are spewing are HUGE. They're double what you would pay simply by opening a processing acct and downloading the verifone payware mobile app from the market.
current interchange rate on visa/mc transactions is 1.54%. if you're paying 3.5, you're paying more than double the fees
I agree that the square thing is a cool device but you're really getting torn apart in fees
You can buy a Square reader in places like the Apple Store, BestBuy, RadioShack, etc., for about $10. You'll have to pay tax, but the box includes a $10 credit for your account.
You can also request they send you one for free.
Works good. Have used it a few times and have had no issues.
Square is 2.75% flat.
Intuit Swipe appears to be 2.7%, but 3.7% if you manually enter it (type in the card number instead of swiping). They do have a "high volume" account that has a lower percentage rate, but a monthly fee.