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Square Iphone credit card reader?

Discussion in 'Business Fundamentals' started by Elite Property Services, Jan 18, 2012.

  1. Elite Property Services

    Elite Property Services Senior Member
    Messages: 230

  2. BSDeality

    BSDeality Senior Member
    Messages: 736

    i have something similar from intuit that works with my quickbooks, i haven't run a swipe on the reader yet, but i have used the app to run a card of a customers.
  3. tjslider

    tjslider Member
    Messages: 42

    Yes, I have one and use it mostly for the "flag-me-down" customers. Works well.
    You can have the customer sign it, and email them a receipt immediately.

  4. BossPlow2010

    BossPlow2010 PlowSite.com Addict
    Messages: 1,069

    They can have it texted to (the receipt) I think it's like 2.75 % per swipe and like 3% if you have to key it in.
    The money will show up in your bank account by 2300 hrs that night.
  5. greg8872

    greg8872 Member
    Messages: 39

    I have one, and so far the only swiped I did was to test it when I got, those went in withing 3 days (I believe it had an initial delay only for when the account was set up)

    Works amazingly simple. One thing to read the fine print on is what if someone disputes a change. I believe part of the agreement is that they can pull the funds back out of your bank account.

    Since it lets you take a picture and attach it with the receipt, have them hold up the CC, covering up all but last 4 digits with their finger unher they face and take a picture. ;-)

    Seriously though, if I were to start using it often, I would set up a separate checking account for just this, and transfer funds out. A chargeback may make that account go negative, but the main account that is paying bills would be good (unless you are at a bank that will auto pull from one account to cover another)


    PS, I use mine on my Droid 2
  6. grandview

    grandview PlowSite Fanatic
    Messages: 14,609

    There is a tv commercial running with that.
  7. cosgo

    cosgo Member
    Messages: 63

    I use "Iswipe" no reader, just type it in, takes 15 seconds and your on your way. dont even have to meet the customer.
  8. thelettuceman

    thelettuceman PlowSite.com Addict
    Messages: 1,218

    Got One ... It's The Bomb !!!!
  9. got-h2o

    got-h2o 2000 Club Member
    Messages: 2,440

    I have it, it's awesome
  10. mcwlandscaping

    mcwlandscaping 2000 Club Member
    Messages: 2,557

    Signed up for it today after seeing this....glad to see others are liking it. Its amazing what a cell phone, i mean smartphone, can do these days