Jack Dorsey’s (Twitter Founder), Square payment system we posted about back in early December Square iPhone Credit Card facility which allows you to take credit card payments via your iPhone has released a YouTube demo by Kevin Rose (Digg founder and investor in Square).
The system looks very easy to use and even provides a map on the invoice to show customers where they purchased the goods. This feature can be particularly useful for businesses that operate in multiple locations or for mobile vendors who travel to different events and markets. The map feature adds a layer of transparency and trust, as customers can easily verify the location of their purchase.
How Square Works
Square’s payment system is designed to be user-friendly and accessible to a wide range of businesses, from small vendors to larger enterprises. The system includes a small, portable card reader that plugs into the audio jack of your iPhone or other mobile devices. This card reader can read magnetic stripe cards, and newer versions also support chip cards and contactless payments like Apple Pay and Google Wallet.
Once the card is swiped or tapped, the transaction is processed through the Square app, which is available for both iOS and Android devices. The app allows you to enter the transaction amount, add a description, and even apply discounts or sales tax. After the transaction is completed, the customer can sign on the screen of the device, and an electronic receipt is sent to their email or phone.
Benefits of Using Square
One of the standout features of Square is its simplicity and ease of use. There are no contracts, monthly fees, or hidden costs, making it an attractive option for small businesses and startups. The system is designed to be intuitive, so even those with little to no technical expertise can start accepting payments almost immediately.
Another significant benefit is the ability to manage all transactions through a single interface. The Square Dashboard provides a comprehensive overview of your sales, allowing you to track revenue, monitor inventory, and analyze customer behavior. This data can be invaluable for making informed business decisions and optimizing your operations.
Start accepting payment cards immediately with Square. No contracts, monthly fees, or hidden costs. Effortlessly manage all the money you take with an easy and intuitive interface. Read payment cards from any device with an audio input jack, including your mobile phone. Accepting payments has never been faster or more convenient.
Square also offers additional features such as invoicing, recurring payments, and integration with other business tools like accounting software and e-commerce platforms. These features make it a versatile solution that can grow with your business.
Moreover, Square’s security measures are robust, ensuring that both merchants and customers are protected. The system is PCI compliant, and all transactions are encrypted to safeguard sensitive information.
Square Payments website
Via 9to5 Mac
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
