Square Mobile Payment System

Discussion in 'Android Accessories' started by Big Lou, May 11, 2010.

  1. Big Lou

    Big Lou Member

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    I had a tough time deciding to put this in apps or accessories, but ultimately it does have a hardware attachment so I put it here.

    [​IMG]

    I'm pretty excited about signing up for this new service. It's called Square and it's a mobile payment system that uses a credit card swiper to automatically accept payments on the go. Signing up is free and it includes the hardware attachment for free as well! The only costs come from per-transaction fees:

    Swiped transaction: 2.75% + $0.15
    Keyed-in transaction: 3.5% + $0.15

    When you think that Paypal charges 2.9% + $0.30 per transaction, this is actually a financially sound process. It works with Android, iPhone, and iPad (and I guarantee BB and WM soon), so it will be very widespread.

    I'm most excited about using this for freelance and other services rendered. I started using an online payment service, but that was awkward especially when the service isn't done online. I then switched to Paypal, but again, there's no way of accepting payments unless I have access to the internet (which I usually do with my Droid, but still). Looks like I'll have a seamless and convenient way of accepting payments and I'll be earning a bit more money that would normally be taken out in Paypal's charges.

    [​IMG]

    Once you download the app, sign up with your personal information and you will have access to the website: https://squareup.com/

    They will automatically send you a swiper attachment to the physical address you provide during the signup. Sign up now as they are shipped out on a first come basis. As of writing this, there are fewer than 50 downloads in the Android Market, so hopefully I'll get mine soon. The attachment simply plugs into the headphone jack and is ready to use upon opening the app.

    Once I get this in, I'll make a full review! I can't wait.
     
    Last edited: May 11, 2010
  2. johnnyvol

    johnnyvol New Member

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    Been watching this for a while and was actually going to install on my iPod Touch since I thought it would be a while for the Android version. Was pleasantly surprised to see it right there next to the iPhone app.

    Disappointed that until the reader arrives you cannot activate an account and set up ACH accounts for sweeping payments to your bank. They sure are putting a lot of pressure on themselves to get those readers shipped.

    Just waiting on my reader now.
     
  3. J*Bishop

    J*Bishop Member

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    has your reader arrived guys?
     
  4. AdamTr

    AdamTr New Member

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    Nope not yet.
     
  5. Big Lou

    Big Lou Member

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    Not for me. :(
     
  6. justin82

    justin82 DF Super Moderator Staff Member Premium Member

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    Interesting I think I may download it

    Sent from my Droid using Tapatalk
     
  7. pyro6128

    pyro6128 Senior Member

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    This is awesome, I just signed up after checking it out. I read all the fine print and it seems to be safe. Plus apple has it in their app store, so thats comforting. I can't wait for my reader to come in the mail!
     
  8. J*Bishop

    J*Bishop Member

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    thanks for the update guys. so onto my next question. is everything set up with your bank? did you receive the small deposit from square?
     
  9. J*Bishop

    J*Bishop Member

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    nevermind guys. just checked my account. i'm good to go.
     
  10. Big Lou

    Big Lou Member

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    So you have your card reader already?
     
  11. J*Bishop

    J*Bishop Member

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    no not yet. bank account is just verified now.
     
  12. Big Lou

    Big Lou Member

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    How'd you do that? I thought you couldn't do that until you got the swiper...

    EDIT:

    CRAP! I never went through the account verification. All this time I thought I had to wait for the swiper to do that. But now I see I need to do that before I get the swiper.

    Awesome...
     
  13. J*Bishop

    J*Bishop Member

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    :rofl3: well aren't ya glad i bumped your thread then?
     
  14. J*Bishop

    J*Bishop Member

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    new update for square is out. still no reader in the mail though. :mad:
     
  15. Vortec6

    Vortec6 New Member

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    Mine came in today and I can't wait to try it out! Might do it with a friends card first tho lol!
     
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