What is Square?
Square card reader is a new solution for most of small businesses; instead of the old fashion credit/debit terminal, Square is easier to use and manage for the small businesses or individuals. As a comparison, there are some pictures you can compare.This is what we usually see in the shops or supermarkets, these processing machines have a large size, slow dialing-speed, difficult to use; furthermore, these machines need to be optimized.
As a comparison, Square readers/stands is smaller and easier to use; in fact, these little readers are available on iPhone, iTouch, and iPad. Usually for individual, one Square Reader is enough for small purchase, for example, second-handed goods selling. Also, for small business, Square Stand in also available for managing the transaction, usually Square Stands are recommended for small shops or service businesses.
Prices and advantages
The price of a Square Stand is $99, and Square Reader is $9.99. Compare to other card processing, it is a acceptable price for both individual and small business. Once purchased, you need to download the apps from app-store for optimizing or customizing your our setting, and you can even make your Square Stand into a Cashier.
Usages and updates
Usually, Square products are used as Card Processing or Cashier. However, for individual who are not selling, Square products can also be used for online purchase or online banking.
Once you purchase for eBay or other online website, you will not need to enter you card number into purchase, you only need to swipe the card and let Square finish the rest. Same method for online banking.
Fees and supports
There will be more upcoming update for the Apps, and new models might be available in the future. And Square products support Visa, MasterCard, Discover, and American Express. For each transaction, there will be a 2.75% fee, just like the other processing machine.
Recommendations
For small businesses, or individuals, Square may become the new method for card processing, also making e-Wallet more available for more people. For some fashion-shop, they select Square since most people prefer the simple, easy, stylish life-style. Some says costumers are more prefer to purchase with Card once there is Square.
For more information, you can proceed to the official website.