credit card processor squre one

[Haunted Castle]

looking for credit card processor for Iphone is anyone familar with square one thanks

[Badger]

The latest episode of the Big Scary Show has a interview with the guy that runs Hauntpay. He might be able to help you out...

www.hauntpay.com

[screamforadream]

im abig fan of square, squareup.com, its safe, reliable, secure, and the funds go into your account next day. and the fees are very competative at only 2.75%

hauntpay?

[scottylmt]

And NO monthly fee and NO set up or initial machine fee. I use it for my massage clinic. HIGHLY RECOMMEND IT.

[Skeered]

im abig fan of square, squareup.com, its safe, reliable, secure, and the funds go into your account next day. and the fees are very competative at only 2.75%

hauntpay?

Squares Up's own website "Card-processing systems adhere to PCI Data Security Standard (PCI-DSS) Level 1." This is about the only concrete security details they give. The rest is warm and fuzzy feeling kind of stuff.

I don't know all the details of PCI compliance though, but I believe there are 4 levels to it and square is on the lower part of the totem pole with it. Transmitting CC data over the air ways? Common sense tells you that adds a little bit more risk to each transaction. Don't get me wrong, anything bad actually happening is still very slim to none, but it seems Square Up trades off a little bit of security over ease of use and setup. I believe the gadget they send you also transmits your physical location to Square Up to help bolster their claims of security. Go offsite with your Iphone and run a credit card? Who knows what is written in their agreements with users. I know if there is a breach your butt will be in a sling.

I have a seasonal merchant account with my local bank. 2.75% plus 29 cents. This is for onsite and online transactions. If your gonna advertise that your going to accept credit cards then why not do it online as well? You will get some peoples money even quicker. My account is also seasonal which means I don't have all the ridiculous monthly fees every month through out the other parts of the year.

[BigT]

Skeered, what do they charge you for the machine?

[Skeered]

I bought a Verifone Vx510 off ebay. Mine will hook up straight to DSL. They go for around $100 and up. Think I caught mine at $140 or so new in packaging. You don't have to buy the equipment from whoever sets you up with a merchant account. They will have a list of 20+ terminals that will work. I have another seasonal business other than haunting so I will use this terminal for it as well. Just have to make sure it goes to a different bank account.

Main thing I still like about your traditional merchant accounts is that if something happens I have a local guy to go to or a phone number that will get a hold of someone. I didn't see a single phone # on Square Ups website. I am not trying to knock Square. I just see a little bit looser security and heaven forbid something goes wrong on Halloween day what kind of response will you get or how long will it take to get up and running again. What if you are out in the boondocks and get a little bit of bad reception?

[MovieRelics]

There is Square which you can get a dongle for free or $10 at an Apple store. They take a small % from the total transaction amount with no other monthly fees. I've been using them for a while and the only hicup that I ran into was be sure to always use the dongle to swipe cards if you want the money deposited within 48 hours of collection. Otherwise, if you key it in manually, then you have to wait up to 30 days for any transactions over $2,000. I personally recommend Square as they are the only one's that can do the 48 hour deposit time which is really nice.

The other option that I've recently started testing with is PayPal Here which is basically a Square type clone service. This let's you swipe a card and for a small fee, process the transaction. If you have a paypal account already that is already wired to your bank account, this can be a great alternative. I also have a Mastercard tied into my PayPal account, so if I need cash, instead of waiting to deposit into my bank account, I can just use the mastercard to withdrawal it directly from my PayPal account. The only hesitation that I would have about using PayPal for ticketing at a haunt is some of the horror stories I've heard about PayPal freezing accounts and funds.

[Allen H]

Square is great and safer in my opinion than a standard swipe machine. You never have to swipe their card. I love the system.
Allen H

[Skeered]

Lol. Guess I am the only one not completely sold on Square and its security. Maybe if I had an Iphone I would look at it more favorably. However I simply can't get past not being able to accept credit cards on my haunts website. As MovieRelic stated his concerns about Paypal freezing accounts, I have similar concerns with Square having the same ability as well. They seem to be in the category of an internet only business with no customer service if something happens. What any merchant account processors won't tell you is that they can and will freeze your funds for 180 days despite saying deposits will be made the next day or whenever.