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is Square the most recommended card reader for a small business owner

Posted on 9/25/20 at 10:14 am
Posted by UGATiger26
Jacksonville, FL
Member since Dec 2009
9044 posts
Posted on 9/25/20 at 10:14 am
My wife is starting her own side-business, and is thinking through payment options.

All I know about is square. But is that the gold standard for this type of thing? Or is there something else that she should look into?

TIA
Posted by cgrand
HAMMOND
Member since Oct 2009
38659 posts
Posted on 9/25/20 at 10:18 am to
SQ is the market leader.
you should also own the stock
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 9/25/20 at 11:11 am to
It’s certainly the easiest to use. Square also has a simple point of sale app so you can use a phone or iPad like a cash register.
Posted by baldona
Florida
Member since Feb 2016
20401 posts
Posted on 9/25/20 at 11:55 am to
Square is expensive as hell from what I’ve seen. It’s easy though. I don’t know what kind of business she runs but I’d absolutely explore other options.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421901 posts
Posted on 9/26/20 at 9:00 am to
I prefer Paypal
Posted by FMtTXtiger
Member since Oct 2018
3712 posts
Posted on 9/26/20 at 9:46 am to
there is another one that my dog groomer uses, unfortunately i can't remember the company, never heard of them before, but they said it was cheaper and very good.

fyi
Posted by LSUShock
Kansas
Member since Jun 2014
4913 posts
Posted on 9/26/20 at 3:08 pm to
Shopify POS, especially if you’re selling inventory related goods via Shopify anyway. It all ties in without needing any connections or 3rd party software.
Posted by LSUShock
Kansas
Member since Jun 2014
4913 posts
Posted on 9/26/20 at 3:08 pm to
Possibly Clover?
Posted by baldona
Florida
Member since Feb 2016
20401 posts
Posted on 9/27/20 at 7:56 am to
quote:

prefer Paypal


PayPal is expensive as hell too. A lot of these payment processors that you see advertising are like Quicken Loans or other crappy products by making their money advertising to market themselves as cool and then vastly overcharge their customers in rates.

I don’t know anything about point of sale processors, but I’d suspect you can get much better deals through someone that doesn’t advertise nationally.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37034 posts
Posted on 9/27/20 at 9:35 am to
Square doesn’t have a monthly fee. So if you don’t have a lot of volume from credit cards, it can be a good service.

If you have a lot of volume, there are cheaper options than square.
Posted by Rex Feral
Athens
Member since Jan 2014
11275 posts
Posted on 9/27/20 at 2:12 pm to
I have clients who stopped using Square because it’s encryption wasn’t secure. If that’s a concern of yours, Shopify works nice if she gets any bigger.
Posted by whitefoot
Franklin, TN
Member since Aug 2006
11181 posts
Posted on 9/27/20 at 3:00 pm to
quote:

I have clients who stopped using Square because it’s encryption wasn’t secure
can you clarify or provide further information about this?
Posted by Rex Feral
Athens
Member since Jan 2014
11275 posts
Posted on 9/28/20 at 5:47 am to
quote:

can you clarify or provide further information about this?

Their readers aren't encrypted. Now, this was several years ago so I don't know if they've updated them.
Posted by Jag_Warrior
Virginia
Member since May 2015
4083 posts
Posted on 9/28/20 at 7:34 am to
quote:

Their readers aren't encrypted.


Yes, they are.
Posted by Rex Feral
Athens
Member since Jan 2014
11275 posts
Posted on 9/28/20 at 8:22 am to
quote:

quote: Their readers aren't encrypted. Yes, they are.


Thanks, that's good to know. The last I'd heard they weren't so I'd avoided them.
Posted by whitefoot
Franklin, TN
Member since Aug 2006
11181 posts
Posted on 9/28/20 at 11:49 am to
quote:

Thanks, that's good to know. The last I'd heard they weren't so I'd avoided them.

They've been encrypted since around 2011 or 2012.
Posted by Reelscreamers
Member since Aug 2011
120 posts
Posted on 9/28/20 at 8:02 pm to
Quickbooks has several different plans including a low volume, no annual fee, I believe that it's 2.5% if swiped. It does not have to be connected to the online QB account, I believe that they market it under the name GoPayment
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