A New (Physical) Way to Accept Money

by Mike Schwenk

Posted: 16 years ago 7 replies

INTERNET MARKETING

Hey Guys,

I grabbed a copy of this month's Entrepreneur magazine and read an article, titled "Start a Business for Nothing - Or Almost Nothing". It listed several services one can use to increase productivity while cutting costs.

The service mentioned in my title is called "Square". Even though this is more relevant to offline sales, I thought it was interesting and wanted to share it.

What Square allows you to do, is to accept credit cards without the hassle of contracts, equipment and excessive transaction fees. There is still a 2.9% charge per sale, but that's still less than a lot of alternatives. Plus the hardware is free, which is comprised of a, you guessed it, Square device that plugs into your headphone jack (think iPhone/iPad).

Again, just thought it was a neat service and wanted to share it.

PS - The service is currently in Beta.
PPS - Created by ex-Twitter CEO Jack Dorsey.

More details:
https://squareup.com/features

Best Wishes,

Mike

#accept #money #physical

thenextlevel 16 years ago

Taking credit card payments on the iphone. Thats awesome. Now I just need someones credit card to run!
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Mac Wheeler 16 years ago

If this works as it suggests, it could solve a major headache for me, I'll definately be keeping an eye on this.
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- Bill Farnham 16 years ago
  
  There's a video floating around about this that looked pretty cool.
  
  Oh, to be a swapmeet vender in this day and age...:p
  
  ~Bill
  
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Istvan Horvath 16 years ago

US only...
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kchui1028 16 years ago

i think there's also a new processing service called Facecash coming soon.
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Online Bliss 16 years ago

Thanks for the info Mike.
It's about time something like that came along.
Like the Magic Jack it's another tool one can use
on the cheap and use the savings for advertising or whatever.
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- kayejackson 16 years ago
  
  is this available for US only? It is really awesome. However it will be better if it can be applied worldwide right?
  
  Thanks
  
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