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Post Info TOPIC: Got A Smart Phone? This Could Be A Game Changer!


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Got A Smart Phone? This Could Be A Game Changer!
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Hey guys. Saw this (Squareup.com) in Myrtle Beach. Swipe CC cards on your phone. Check it out. Mine is on the way.

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Recieved mine last night

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Looks pretty neat! I am reading up on it now.

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Thank's Guy! I just signed up to receive my reader, Now I need to get the App downloaded, it's giving me problems. Hope it works though.

-- Edited by landisconstruction on Thursday 10th of March 2011 02:16:06 PM

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Successfully Downloaded!! Sweet!!

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looks pretty good guy, nice find ... doesn't apply to most but if you're skating thin know that a dispute can interrupt your cash flow

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I have Intuit

http://payments.intuit.com/?xcid=int_intm_IPS_Home_nav_hr4_B

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I believe the fees are quite high.You might want to weigh that before you go swiping away. I'm just sayin!!
We use dial pay.You have bank fees and you have the fees that visa,MC & the rest will charge on top of that. Then there are also service fees etc...
But I'm sure you guys are aware of this. If you could please let us know what ALL the fees involved add upto for a typicall $100 charge.

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aaron61 wrote:

I believe the fees are quite high.You might want to weigh that before you go swiping away. I'm just sayin!!
We use dial pay.You have bank fees and you have the fees that visa,MC & the rest will charge on top of that. Then there are also service fees etc...
But I'm sure you guys are aware of this. If you could please let us know what ALL the fees involved add upto for a typicall $100 charge.




$100? What are you doing? Baby sitting?....Just kidding.



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No thats just a random amount I chose to make the math easy..... Feel free to use % if you like.

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Guy B wrote:

Hey guys. Saw this (Squareup.com) in Myrtle Beach. Swipe CC cards on your phone. Check it out. Mine is on the way.




It's Awesome! Chris T. told us about it awhile back. We were using PayPal to accept credit cards but this is way better. The customers can even sign on your phone accepting the amount. VERY COOL!

 



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square.jpg

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is the 2.75% what Square up charges on top of what MC & VISA will charge?? If so that's way to much!

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aaron61 wrote:

is the 2.75% what Square up charges on top of what MC & VISA will charge?? If so that's way to much!




No, it is a flat fee of each transaction. I think it is around 2.75% but not sure..not higher than 3%


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Yea,I'm checkin it out right now.Reading something about:

  How much money will Square deposit?
Updated Mar 05, 2011 06:49PM PST
Once you link up your US bank account, Square will automatically initiate a payout to your bank account at the end of every business day. If you are a new user to Square and have already received $1,000 during the last seven days, Square will defer initiating the amount in excess of $1,000 for 30 days. Payouts to your bank account will normally register in your account within 1-2 business days.

Plan on transacting more then $1,000 regularly? No problem! We'll periodically look at your account and increase this automatically without additional user input needed. There are a few factors we look at when increasing your deposit amount, including refunds, chargebacks, and whether or not the majority of your transactions are accepted with your card reader. We always recommend that you use your reader as much as possible;  those transactions are more secure for everyone involved. Please note that we're more likely to automatically approve users that do this.

The $1,000 deal might be an issue????



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I just recieved this in an email today http://intuitpayments.com/getpaid   for you cleaners that use Intuit for credit card processing.



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Here is my Intuit reader



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