Overview
Through the pioneering of its intuitive Square Reader, it's clear that this company is targeting the more tech-savvy retailers. Whether this means businesses that trade primarily online or on-the-go, or traditional brick and mortar businesses which just want to offer their customers more ways to pay—Square provides a stylish solution. Businesses must have either an Apple or Android device.
How Square Works
Signup Process
In-keeping with its favour toward smaller and younger businesses, single users of Square are not required to submit themselves for a credit check. Business accounts will be required to have a passable credit score, but the boundaries are still very friendly. Signing up is as simple as contacting the company and providing some information, with the only remaining step to download the Square app and purchasing the Square Reader. Once linked to your bank account, you can begin to take payments immediately.
Features
Square’s original products catered to small businesses only, but recently has expanded its products and caters to any sized business.
Undoubtedly the most famous and recognizable feature of Square is its flagship merchant services device—Square Reader. With the same connection as your standard set of earphones, this miniature device connects to your smartphone or tablet; turning it into a merchant service for processing card payments. All that is required is the Reader and the Square app, the encrypted connection via a simple 3mm audio jack will enable the payments.
Along with this functionality, there are more apps which further increase the ability of the Square Reader. These include Register and Wallet, which offer analytics and stored fund payments respectively. Market is also another app recently released, which lets businesses design their own storefronts and offer an online payment option. Included within any Square service are business management tools, ranging from inventory management to customer loyalty programs and more.
Ease of Use
There isn't a more simple or easy-to-use method of accepting card payments. Square's merchant services are all intuitive, revolutionary and fantastically user-friendly. Low pricing and a focus on small businesses is earning Square a sterling reputation, furthered by the excellent customer support available via email and social media. As one of the very best merchant services providers currently on the market, we expect the company to keep growing and improving.
Square Pricing
Pricing & Special Offers
Bottom Line
Square is a revolutionary merchant services provider, revolutionizing the industry with its start-up tech culture. Taking the market by storm, this young company only founded in 2009 has radicalized the way that we accept credit card payments, and is ideal for businesses of all sizes. The company differentiates itself from traditional payment alternatives like banks or independent sales organizations by eliminating long term contracts, thus meaning no long-term commitments and no termination fees.
