September 23, 2011

Credit Card Processing As Close As Your Cell Phone

Of all the innovations out there designed to help small businesses, food or otherwise, run smoother and more efficient, right now I have to give the gold star to Square.  Compatible with iPad, iPhone, and Android devices, Square is a free attachment and app you add to your mobile unit of choice that enables small businesses to accept Visa, Mastercard, American Express, and Discover cards without an expensive merchant account or credit card processing terminal.  With low transaction fees, fast setup,  next-day payment to the bank account of your choice, and no monthly maintenance fees, Square is posed to revolutionize the merchant account world for small businesses.   Think of the applications for small food businesses!  This will enable food entrepreneurs to easy accept credit cards on food trucks, at the farmers’ market, or quickly receive payment after a special event for a fraction of what it normally costs to get a merchant account.   I am an unabashed Blackberry fan but I have to say that this device might just convince me it’s time to make the switch over to the iPhone!

Want to find out more?  Click here for more information.  Have you used Square?  If so, what do you think?.