- Posted by justatitch October 28, 2011
I love this app. A friend who started her own photography business uses it constantly, and it's a truly amazing thing for small business owners.
I love this app. I love that the device that comes with it is FREE and just pops into your iPhone so that your iPhone becomes a credit card reader. The only thing I don't love is that there's no web component to this, so in order to use this app to take credit card numbers from my clients, I'd have to have them give me the CC #, and then I'd have to type that in myself. Now, I'm cool with that, but most clients are not. However, this would be the most ideal app for places like Portland's Farmers' Markets or Saturday/Sunday markets for vendors who want to take credit cards, but don't have the card-readers.
I recently compared this App with its main competitor Innerfence, and it was hands down a better product. Square was developed by Jack Dorsey, the Twitter founder, and so it has been launched with tremendous resources. Therefore, the App is free and they even ship the credit card reader for free.
It is easy to set-up and use. I had my App and account ready in under five minutes!
So, if you are deciding between Credit Card Apps this is definitely your best option.
Square lets you accept credit cards. That's good, right? Yes, if you don't mind sharing a lot of personal info with them in the process. That's par for the course, since they're processing financial data for you and want to prevent fraud. The greatest "speedbump" to using Square is that they do not yet permit small businesses to use their Federal Tax ID in place of their own social security number when signing up. If you're incorporated, you do NOT want Square checking (and holding) your SSN info, but rather having them focus on your company's tax ID. Square tells me this feature is "coming soon," at which point I'd be willing to give them a higher rating. For now, I say it's a nice idea with room for some important improvement.