Call for Artists, Making Money at Juried Art Fairs, Craft Shows and Festivals
Check out this story on Wired - http://www.wired.com/reviews/product/pr_square_iphone The way the article reads, the company is both giving you a device for your smart phone and offering to make credit card transactions without a monthly fee. Sounds like a perfect deal for any of us with either an iPhone or Android based phone. I don't have either, yet, but this might sway my next phone decision.
The square has no monthly fees & charges a set percentage / 2.75% & 15 cent transaction fee. Made by the twitter guy for his glassblowing buddy who lost a sale. How can you loose a sale????? I have not taken cards for the past 15 years/ if the customer has no check or cash, & no ATM; then We have always let them take the piece & send a check. NEVER WITH ANY PROBLEM // they do give us their info & they sign a sentence that says "I owe Bill $500 for one piece of glass" signed & dated// a LEGAL contract that will hold up anywhere if need be.. Many say that the card leads to more sales//the piece and price have usually been agreed upon before we even talk about payment methods, because I may offer a card does not mean MY sales will increase over my initial sale; not in my 30t years of art festivals. BUT I AM NOW GOING TO GET THIS SQUARE BECAUSE IT MAKES IT EASY WITH FEW FEES. ALSO IN CERTAIN AREAS PEOPLE ONLY CARRY CREDIT CARDS//ie NEW YORK: They do seem to be late on shipping their free readers 1 1/2 inches squareworth checking out
Linda, is this just for a "business" account with square card? We just signed up as a personal acct and they do not divulge any holds/limits/etc. Do you have a link where you found the above quote so I can check it out? thx!
Tori, this thread is over two years old now, the info in it is dated. Those limits are no longer in place.
They also have a reader with printer http://mobilepayment.intuit.com/supported-phones.php Intuit Transparent Pricing for
RE: the square card reader.... In the comments section there are several cautions, one by "Permalink" stating:
"Their card reader is NOT Encrypted - They are not PCI Dss Compliant
They are a merchant Aggregation system meaning they hold money for users and that effects when/ how soon merchants get their funds
and the best part of all is..... THERE IS CURRENTLY A $100 DOLLAR MAX PER TRANSACTION AND A Weekly MAX OF $700"
Not sure if that is true, but I'd sure worry about the Encrypted part and the Compliance. Plus.... with a max on the transaction and only $700 per week.... this may not be a viable choice for most artists.
Go Payment by Intuit can be used on I-Phone and a few others and can be month by month. Can input directly via the phone. Costs listed below.
Optional blue tooth card reader allows quick card scan.
They also have a reader with printer
Intuit Transparent Pricing for GoPayment
Card Swiped: 1.70%1
Key-Entered: 2.70%2Discount rate for Visa, Mastercard,
and Discover® Network 1:
$0.00Setup Fee (one time):