View Full Version : Square Credit Card Processing

Larry Folk
11-10-2010, 7:36 PM
Anyone using the "Square" software for credit card sales?
If so what do you think of it.

Ovidiu Predescu
11-11-2010, 12:15 AM
I live in San Francisco Bay Area and I had the opportunity to see a pitch by Jack Dorsey, the founder of SquareUp and previously co-founder of Twitter.

This is not an endorsement of their service, but from the pitch he gave I was very impressed with their approach. They appear to have solved the credit card fees problem in an ingenious way. If the service catches on, the ability to pay directly consumer to producer promises to eliminate a lot of the fees. They do the risk analysis of a transaction themselves, which is not a trivial matter.

I'd give them a try and see if you like them. For small charges they should be more than fine.

Good luck!