I'm 19, beginning my freelance car detailing business; and I've been thinking about getting square. This video has really been helpful! Thank you for giving the pros and cons
call your bank do ach block on square so customers cant complain and take what they payed you out. it costs 25.00 square will take your money in 5 seconds while you read an e mail saying you have 3 days to respond.
In some states it's actually illegal to charge a card fee, and is called "payment type discrimination." But one loophole you can utilize is to raise your rate, then offer a cash discount.
Kiki Pro Cleaning same in the UK, shops just raised the prices to cover the card fees. Difference is, in America I believe 50-60% of payments is still cash, 40-50% credit card. In the UK 75% is debit card, 20% credit card and 5% cash. I think America is a bit behind in payment technology though. With signatures you could literally write down “This is fraud” on the signature pad and it would still take the payment! In the UK you need a pin to spend over £30 and signatures just don’t exist in payments.
UK processing rates are so much lower then in America. Some processors like PaymentSense only charge 0.5% on each transaction. It’s illegal to charge a fee to the customer, but you can just raise your prices for everyone to get around it.
We got the Square Terminal recently. We chose Square because of the low rate, and no monthly rental charge. When on the road and you get someone flagging you down for snow removal the ability to take credit cards and debit cards is essential. People are more likely to pay a little higher rate for a one time service if they can just throw it onto their credit card. So far we have encountered NO problems with Square.
There were 3 tips i haven't Considered you mentioned..Thank you, Great tips! i have the square now but wouldn't use it till now..you answered the Questions i didn't KNOW to Ask...I knew i didn't want anyone in my act....without my permission!
Good tip on the Square account. This is similar to how I explain on-line shopping to older folks who hesitate to put their details out there...I tell them to go and open a free, debit-card account and only drop money in when they need to make a purchase. These accts. (so far) have zero fees. Cheers from AU, Bill!
Thank you Tracy, I'm glad you liked the video. I have it on my to-do list to make a newer version as that vid is getting a little dated. Square now has a customer service number and they have flat lined their fees. Also as a side note I have never had a bad experience with them. Nothing but good things to say about square at this point. Thanks again for the post and tips for older people, I hadn't even thought about that angle with the free checking accounts.
I'm researching the square myself and the best tip I've hear yet is a separate bank account... I was going to register for it tonight but now I'm going to wait and go to the bank first !!! thank you for that tip
Thank you for the info our freind. alot of it i knew but it was refreshing to here it from another small business owners perspective. Keep up the good work and good luck with all of your endeavors and god bless you and your family. Mike Keyes Custom Diesel and Performance
Thank you. That was very helpful.. I purchased the square stand from my local apple store.. I am considering returning the product as the lack of customer support is a problem (I can just imagine dealing with any dispute, nobody to call and talk to, etc)... Thanks again..
This review was very thorough and helpful, i'm sure my friend who uses square didn't know about the higher rate of keying in the card numbers, now I can pass on the advice.
This does help. Thank you for the tip on having a bank account just for Square. I wasn't aware of that. I'm currently looking for a POS for a small business I'm about to start. I appreciate your video.
Jayne, I have been very happy with Square. If you browse the comments you will see that some people have had some issues but if they had set up a different account for Square and moved the money when it was deposited I think 99% of them would have been fine. Overall they are way cheaper than what was being offered when I got my business going around 2002 and again I have had zero problems. I wish you all the best with your business endeavor!
@@stefaniefrancois8997 hey, just now seeing this...so sorry about that. The reader works great for me! It does go to my personal account but it can be easily changed.
Denise, I did this video a couple of years ago now, since then Square has added a customer service number but so far I haven't needed to use it. I have zero complaints about them and they have also taken their rate to a flat rate, no longer charging more on the perk cards. Thanks for the post and I wish you all the best with your business.
@ H Lef- For some reason youtube does not allow me to reply to some comments, I believe it has something to do with how they were entered. This happened with yours so I hope you see this... Your question is how much of a fee to pass along. I would say the entire amount. I actually just had this conversation the other day with a customer of mine who sales credit card readers and systems to restaurants and businesses and she told me that a lot of her customers are starting to do this. Not the guys who deal in small transactions but the ones who get hit with bigger numbers are doing it on a regular basis. I know a guy who charges his snow plow customers 4 percent when he is getting charged around 3 percent but he is banking on a manualy key in that will cost him more. I believe square has dropped their manualy key in price to under 4 percent but I haven't confirmed that yet. I'm going to do a video on this so keep an eye out for it BurbBilly
Trust me, Vlad is a fuck*** hacker when it comes to bank hack, PayPal hack, Western Union and MoneyGram hack, grade change, AT&T and Verizon hack, credit cards hack, credit score upgrade etc
Thanks for the tips! I just purchased my square. Did I hear you correctly when you said they would refund what i paid for it? I did notice in my research that you can get a reader for free after you register. But like I said I just bought mine. Look forward to your response
turajii shakoor That's good to hear, I didn't know they had done that. If anyone has it please post it or when I see it I'll get it up here. thanks for the info turajii!
and i know its sells not sales...i just woke up when I wrote this :-) The customer I mentioned told me that they her company ranges on what is charged from a 1 plus percent fee up to over 3 percent based on the credit card...so a person charging a 4 percent fee is covering all possible cost. If a customer doesn't want to pay the fee they can always write a check or pay in cash
I got an offer for square after registering my business, I’m not sure how to order it. It was asking for product description. Also, do you recommend I open an account under the business name for this, or its fine the personal account?
That is a GREAT idea about having a 2nd account to protect your money. I had that happen with TSYS. Really pissed me off. I couldn't use the Square app on a LG2 piece of hardware.......I just ordered a Samsung. I do have a personal bank account in the same bank where my business account is, but I think just for the hell of it, I'll open a 3rd account so I can't protect the credit card charges. Thanks for the tip....
Do you recommend putting it on my reserve account. Then I can transfer it to my big account. I just don't want to deal with issues. So I order it recently hoping it works good for me
Jarrod Padilla If I do one it will be 3% for a swipe and 6% for a key in. Last I checked square is charging 2 something percent for swipe and high 5 percent for the key in. I had a cab driver tell me that he automatically adds it in but I don't think that's being up front about it. If you tell people up front, Yes I accept credit cards but I charge a convenience fee for using them, then it gives them the option for check or cash. What I got a lot of was people trying to rack up points or miles on their card because it's an added benefit for them to use it but once you put the cost associated with using a credit card back on them suddenly their points don't look so attractive and they whip out the check book. Hope this helps BurbBilly
Belinda Anderson Thanks Belinda! Appreciate the feedback, it helps me know I'm putting up content that people want to see. Hope I earned your subscription. BurbBilly
Question: What if you have a business account and you connect it with Square and someone swipe their card, will it transfer to the business account? Or will it stay on Square’s account and you have to transfer it yourself?
Can I use Square products out from The United States? I live in Ecuador! what I understood Square hardware its working meanwhile I only accept cash is that correct?
This review has been very helpful, thank you. I liked the point you made about having a second checking acct...makes perfect sense! How has it been going with square lately? I read somewhere in your comments that they have an actual person you can speak to now? Any new thoughts on this?
Chantel, You're very welcome and thank you for the post/question. I myself have not talked to square, haven't needed to as they have treated me very well to date and I have had zero problems with any of my transactions. I get very few comments that are negative about them so I have to say they seem to be doing it right. I would recommend them if you are looking for a company to use for credit cards. It's crazy how 15 years ago I had sales people trying to sell me credit card readers with contracts that would have cost me thousands of dollars and now it's as easy as picking up a reader and downloading an app. Hope this helped, take care
Today's generation has welcomed the digital era with open arms. I think it would be in the best interest of any company to stay current and adapt to new things. You've been very helpful. Thanks again!
Just getting started with Square. Your last tip about keying in cards is helpful. Many of my customers will call for storage lot info and I was tempted to take their cards over the phone and then issue them a code to the lot. Now I will make sure to do it in person. Thanks for the great info!
If I used my primary account that I use for every day use to set up for Square does that mean it is too late to change it from my primary account to a different account such as an entirely different bank???
You're welcome and it was. A few things have changed since I did this video, Square has a customer service number and I have had viewers contact me to tell me that they have had a good experience with calling Square. I myself have never had a problem with them to date.
The Burb Billy Just wanted to say that if you need an intro or any graphics for your channel feel free to let me know. I also manage RUclips channels for people. You may check out my reel or www.kvkstudios.net for examples of my work. Keep up the good work. Cheers mate!
thanks for the tip on opening 2 bank accounts, one for square deposit, the other to transfer that deposit. Do you have both accounts with the same bank or different banks?
***** I have mine at the same bank, it's easy to transfer the money that way and square doesn't have access to my other accounts only the account I gave them to deposit into.
Thanx Billy. I found your tut very informative. Like the separate account idea. I'm just getting set up. I will use it for my estate sale as opposed to opening a business, etc. Do you know if I don't collect local tax, would the state still require filing on that income?
I think that varies state by state, you'll want to make a quick call to your accountant for that question. If you are required to pay any additional taxes on the money you earn you want to make sure it's factored into the price. Plus knowing that people will be paying with cards I would add 3-5% to every price right off the bat. Hope this helps and I wish you all the best with your estate sale. (for the 3-5 % just round up on the smaller items, if you're thinking 8 bucks maybe run it at 10 and see where it goes. You can always come down in price but you can't go up)
Also just an FYI I have found that when I have sold things at a yard sale or on craigslist etc.... people are not afraid to ask about a lower figure right out of the gate. Sometimes to the point of being obnoxious. If you price it spot on you will find yourself being haggled into a lower than asked for price so running it a bit higher helps with the negotiations(some people just have to get it lower than what the sticker said so doing it this way you get what you want and they get what they want;-))....also if they say they are paying in cash you can factor that in to your final decision.
I always ask for 90% upfront to buy materials and use the square for lower priced tranactions. That way you loose less money. The 90% is paid direct into my business ac
Very enlightening. I have a bit of a longwinded question that I hope you might be able to answer for me because I can't contact SALES without allowing Square to run a credit report and verify my identity. This seems like a huge red flag when I have to BECOME a client just to ask the questions necessary to determine if I WANT to be a client. I understand that "Cross-border card payments are unsupported. This means that card transactions attempted outside of the country where you activated your Square account can’t be processed with Square. However, you can accept cash transactions while traveling internationally." This doesn't fully answer the question and isn't entirely clear. I'm not interested in taking intrnational payments or performing work for clients who are located outside of my home country. That description could mean that all transactions cease to function, or it could simply mean that international cards aren't accepted outside of your home country. It implies that I'm trying to take a foreign payment in the foreign country that I'm in, but it doesn't really touch upon whether you can continue to use this while traveling to maintain a business which is physically located in your home country. Let me give you an example: I'm a Canadian. My Canadian business is run online, so I can work from anywhere. If I go to my winter home in Florida for six months and work remotely, can I continue to manually charge my Canadian clients in Canadian funds by keyed-in credit card number? Or does the reader use my IP address and location to determine that I'm outside of my home country and stop allowing me to take payments altogether? This product would be an absolute win if people like me could take it with us and continue to do businesses aboard (in our home currency and with clients who are located back home). Because while there are serious implications to illegally working in a foreign country without a visa or permit, there is absolutely nothing illegal about remotely maintaining an online business which operates (and is located) in your home country while you, yourself, are abroad. Business owners have to be able to maintain their businesses while traveling, and they shouldn't have to wait weeks on end to receive payments simply because they're away from their physical office. Preventing transactions while abroad is kind of missing the mark here, especially for modern enterpreneurs in the age of internet startups. We're not tethered to offices or desks. We travel, we work remotely, we take working vacations. We need a product that allows us to continue accepting payments back home even when we're 1000 miles away. Granted, my system allows payments to be made by email, but the nature of my business requires certain clients to make deposits, and they typically provide a number to be keyed-in manually. So, to reiterate: If I go to my winter home in Florida for six months, can I continue to charge my Canadian clients in Canadian funds via the keyed-in method, for business transactions made and performed in Canada? Or does the reader use my IP address and location to determine that I'm outside the country and stop allowing me to take all forms of payment? And with that said, if the reader doesn't work outside of the country, does the app still continue to process keyed-in transactions or does the app cease to function as well?
+LuKyLoPez43484 I have not used the chip fast tap reader yet but will look into it. I know that Ill need to update my square swipe eventually for these new cards. I'll definitely do a review when I get it. Thanks for the post
Hello Burb Billy, Its been a year since you posted this and I see you are keeping up with it. I have a question that I cannot seem to find the answer to. I think you referred to my question early in this video. I was wondering if you would be willing to elaborate. I have an Android tablet (only WiFi or Bluetooth). Does the device have to be connected to a network at the time of a transaction or will it hold the transaction until the device connects to a network. I am a new business and resources are minimal right now. My desire to to get a cellular based tablet.
I have been reading some bad reviews about square and I have my suspicions. I will set up an account through my bank and charge a convenience fee or/And split the convenience fee with the customer. Thanks for the advice
I have a lawn service business I just ordered my square. I have some customers that want to pay with credit card, I know there is a fee of 2.75%. I want to know how can I add the fee to what there are suppose to pay me. For example if there are paying me $30.00 does the fee automatically adds up to them. do I have to type in the amount with the fee already included.
+marissa gonzalez I would tell a customer that if they pay with a card I charge a convenience fee of 3.5 or 4 percent. The reason you run a little higher is some cards charge at a higher rate due to the card perks or if you have to key it in. Then I just do the math before I ring it out. I don't have too many charges in my business, most people pay with a check but if they request it I do mention the fee before I ring it out. If you don't put the fee in there you just lost 3-4 percent of your job, do that on a lot of jobs and it starts to add up.
.I did a job for $565.00 worth of work including parts , in which I had paid for the parts and SQUARE deducted the entire amount of money from my account without consulting me about the problem. So in other words they sided with the card holder who would be my customer and I not only lost the money for my labor, I also lost my money for the parts that I had paid for with my money to begin with. I will not deal with SQUARE any longer if they will do transactions in the future this way. It cost me lots of money
Sorry to hear that, I haven't had any disputes so i don't have any experience with them in that way. I have been screwed over before though so I know how you feel
What Square does right now is they send you the dispute thru fax. For faster customer service go to Square.com/code . There will be a number to call and a customer code. Keep that customer code and use thar everytime you call. 2 rings only is what it takes to get their service
Thanks for all the info! I might get the square for my distributing business. I also make bath and body products using essential oils...would you say its worth it for smaller transactions? I know so many people don't carry cash these days and if I were set up at an event and someone wanted to buy some bath bombs, lipchap and face toner I want them to be able to pay with a card.
+Xanthia Gonzales Yes it would work good for that. I'd maybe look at factoring the cost into your pricing as opposed to adding it on at the transaction. Figure you will lose around 3% on every card transaction if you don't.
I have not been running a lot of transactions lately but still have the account set up. I have used it for years now and never had a problem with it. I did see the instant feature but did not need it so didn't use it. It's nice to know its there though
I'm 19, beginning my freelance car detailing business; and I've been thinking about getting square. This video has really been helpful! Thank you for giving the pros and cons
I'm glad you found it helpful!
call your bank do ach block on square so customers cant complain and take what they payed you out. it costs 25.00
square will take your money in 5 seconds while you read an e mail saying you have 3 days to respond.
In some states it's actually illegal to charge a card fee, and is called "payment type discrimination." But one loophole you can utilize is to raise your rate, then offer a cash discount.
Great alternative!
New York it’s legal to charge the surcharge to the customer
Thanks! That was very helpful
Kiki Pro Cleaning same in the UK, shops just raised the prices to cover the card fees. Difference is, in America I believe 50-60% of payments is still cash, 40-50% credit card. In the UK 75% is debit card, 20% credit card and 5% cash. I think America is a bit behind in payment technology though. With signatures you could literally write down “This is fraud” on the signature pad and it would still take the payment! In the UK you need a pin to spend over £30 and signatures just don’t exist in payments.
UK processing rates are so much lower then in America. Some processors like PaymentSense only charge 0.5% on each transaction. It’s illegal to charge a fee to the customer, but you can just raise your prices for everyone to get around it.
We got the Square Terminal recently. We chose Square because of the low rate, and no monthly rental charge. When on the road and you get someone flagging you down for snow removal the ability to take credit cards and debit cards is essential. People are more likely to pay a little higher rate for a one time service if they can just throw it onto their credit card. So far we have encountered NO problems with Square.
Thanks for the tip about opening a separate account for use with the square. Gonna do that! Makes perfect sense.
Smart and will be opening an acct just for square! Glad I bumped into your video prior to purchasing a card reader.
Thanks DG glad you found it helpful
There were 3 tips i haven't Considered you mentioned..Thank you, Great tips! i have the square now but wouldn't use it till now..you answered the Questions i didn't KNOW to Ask...I knew i didn't want anyone in my act....without my permission!
Good tip on the Square account. This is similar to how I explain on-line shopping to older folks who hesitate to put their details out there...I tell them to go and open a free, debit-card account and only drop money in when they need to make a purchase. These accts. (so far) have zero fees. Cheers from AU, Bill!
Thank you Tracy, I'm glad you liked the video. I have it on my to-do list to make a newer version as that vid is getting a little dated. Square now has a customer service number and they have flat lined their fees. Also as a side note I have never had a bad experience with them. Nothing but good things to say about square at this point. Thanks again for the post and tips for older people, I hadn't even thought about that angle with the free checking accounts.
Great tips. You are right every utility company charges a fee for any payment unless it’s a recurring payment.
Thanks for the advice & tips!!! Really appreciate it!! From another guy starting a small business.
I'm researching the square myself and the best tip I've hear yet is a separate bank account... I was going to register for it tonight but now I'm going to wait and go to the bank first !!!
thank you for that tip
You're welcome, thanks for the post
Very smart and helpful! several good tips in this vid.
NEWF2195 get the protection plan for charge backs it covers ur ass
The Burb Billy ???
Great informational video. You brought up some things that I never would have thought of. Thank you!
Thank you for the info our freind. alot of it i knew but it was refreshing to here it from another small business owners perspective. Keep up the good work and good luck with all of your endeavors and god bless you and your family.
Mike Keyes
Custom Diesel and Performance
Thank you. That was very helpful.. I purchased the square stand from my local apple store.. I am considering returning the product as the lack of customer support is a problem (I can just imagine dealing with any dispute, nobody to call and talk to, etc)... Thanks again..
thank you for making this demonstration quick and straightforward
You're welcome Nina, appreciate the post
Like him! He gets straight to the point! Thanks
Thank you so much for an articulate and insightful video...brought up points I wasn't even considering!
+Theresa Jones You're welcome Theresa! Appreciate the kind post and I'm glad you found the video helpful.
BurbBilly
This review was very thorough and helpful, i'm sure my friend who uses square didn't know about the higher rate of keying in the card numbers, now I can pass on the advice.
Texas Babyboots Thanks Texas! I love hearing from people that feel my videos helped them out in some way.
You provided information I never thought about. Thank you.
Thanks for the tips, I have square and love it. Its good to protect yourself. Great advice.
+Michael Sullivan You're welcome Michael, thanks for the positive feedback!
This does help. Thank you for the tip on having a bank account just for Square. I wasn't aware of that. I'm currently looking for a POS for a small business I'm about to start. I appreciate your video.
Jayne, I have been very happy with Square. If you browse the comments you will see that some people have had some issues but if they had set up a different account for Square and moved the money when it was deposited I think 99% of them would have been fine. Overall they are way cheaper than what was being offered when I got my business going around 2002 and again I have had zero problems. I wish you all the best with your business endeavor!
This was such an amazingly easy video to follow and understand. Thanks for making it super simple!!!
I'm starting my mobile spiritual business this week, so this is very helpful. THANK YOU!
lol
How is the reader working for you? Did you have to have an EIN of business account for this? Or does it go to your personal?
Good luck that’s amazing!!
@@stefaniefrancois8997 hey, just now seeing this...so sorry about that. The reader works great for me! It does go to my personal account but it can be easily changed.
@@tommytaylor5720 Thank you so much! It's going great.
When you key a card in, does Square verify that the card is good and also with a swipe?
Good info billy, its good to hear a review from an actual business owner.
+tednugentlives Thanks Ted!
This is excellent, as I'm launching a new 1-man business. Most helpful. Thank you.
Awesome advice. Thank you!
Thanks Andrea!
Thank you so much for your hints in how to use this Square device. Very, very helpful.
You're welcome :-)
Thank you for this Video, helped me a lot. Just got mine for my little business and I had mixed feeling too about it.
Denise, I did this video a couple of years ago now, since then Square has added a customer service number but so far I haven't needed to use it. I have zero complaints about them and they have also taken their rate to a flat rate, no longer charging more on the perk cards. Thanks for the post and I wish you all the best with your business.
great tips about using another bank account. very smart!
alext2963 Thanks Alex! Glad you enjoyed the video
+The Burb Billy (The Burbbilly) +Alex3
@ H Lef-
For some reason youtube does not allow me to reply to some comments, I believe it has something to do with how they were entered. This happened with yours so I hope you see this...
Your question is how much of a fee to pass along. I would say the entire amount. I actually just had this conversation the other day with a customer of mine who sales credit card readers and systems to restaurants and businesses and she told me that a lot of her customers are starting to do this. Not the guys who deal in small transactions but the ones who get hit with bigger numbers are doing it on a regular basis. I know a guy who charges his snow plow customers 4 percent when he is getting charged around 3 percent but he is banking on a manualy key in that will cost him more. I believe square has dropped their manualy key in price to under 4 percent but I haven't confirmed that yet. I'm going to do a video on this so keep an eye out for it
BurbBilly
great video brother...very good infomation.
Trust me, Vlad is a fuck*** hacker when it comes to bank hack, PayPal hack, Western Union and MoneyGram hack, grade change, AT&T and Verizon hack, credit cards hack, credit score upgrade etc
Thanks for the tips! I just purchased my square. Did I hear you correctly when you said they would refund what i paid for it? I did notice in my research that you can get a reader for free after you register. But like I said I just bought mine. Look forward to your response
thank you great tips, really helped!
Great Video and very detailed and straight to the point you have earned a subscriber! :)
Had a delivery issue. NO Way to contact them. Wth how can you have a business with no contact? I'm very wary now of using them.
Thanks for the good info. Can't wait to try it
Thank you. Very helpful tips.
Bank along with Square is royal info. Thanks Brah!
Appreciate the review!
Tons of useful tips. Thank$!
Excellent video and explanation on what you should know! Thank You!
Essence Benton You're very welcome! Thanks for the feedback.
Square now has a customer phone number that you can speak to a live person, great info you provided
turajii shakoor That's good to hear, I didn't know they had done that. If anyone has it please post it or when I see it I'll get it up here. thanks for the info turajii!
and i know its sells not sales...i just woke up when I wrote this :-)
The customer I mentioned told me that they her company ranges on what is charged from a 1 plus percent fee up to over 3 percent based on the credit card...so a person charging a 4 percent fee is covering all possible cost. If a customer doesn't want to pay the fee they can always write a check or pay in cash
I got an offer for square after registering my business, I’m not sure how to order it. It was asking for product description. Also, do you recommend I open an account under the business name for this, or its fine the personal account?
Interesting video ! Thnxs for sharing your experience and info.
That is a GREAT idea about having a 2nd account to protect your money. I had that happen with TSYS. Really pissed me off. I couldn't use the Square app on a LG2 piece of hardware.......I just ordered a Samsung. I do have a personal bank account in the same bank where my business account is, but I think just for the hell of it, I'll open a 3rd account so I can't protect the credit card charges. Thanks for the tip....
Thank you very much, so better only use debit card?
Thank you for sharing. Your video is quite informative and easy to understand.
very helpful... thank you
Great video, very informative.
Do you recommend putting it on my reserve account.
Then I can transfer it to my big account.
I just don't want to deal with issues. So I order it recently hoping it works good for me
Thank you... really great tips
Hey Billy,
I never thought of the convenience fee. What would be an appropriate convenience fee amount? Thanks!
Jarrod Padilla If I do one it will be 3% for a swipe and 6% for a key in. Last I checked square is charging 2 something percent for swipe and high 5 percent for the key in. I had a cab driver tell me that he automatically adds it in but I don't think that's being up front about it. If you tell people up front, Yes I accept credit cards but I charge a convenience fee for using them, then it gives them the option for check or cash. What I got a lot of was people trying to rack up points or miles on their card because it's an added benefit for them to use it but once you put the cost associated with using a credit card back on them suddenly their points don't look so attractive and they whip out the check book. Hope this helps
BurbBilly
Thank you for this great video and practical information.
Belinda Anderson Thanks Belinda! Appreciate the feedback, it helps me know I'm putting up content that people want to see. Hope I earned your subscription.
BurbBilly
Great tips!
Our state charges a convenience fee if we use a card to pay when getting our car tags/ license plate.
Could I use a Amazon gift card on my squere point of sale reader.
Question: What if you have a business account and you connect it with Square and someone swipe their card, will it transfer to the business account? Or will it stay on Square’s account and you have to transfer it yourself?
Very informative! Thank you!
You're welcome Crystal, thanks for the feedback/post. appreciate that
Can I use Square products out from The United States? I live in Ecuador! what I understood Square hardware its working meanwhile I only accept cash is that correct?
awesome I was wondering were my money went I just used it for the first time. great advice
Thank you! Appreciate a nice post from time to time :-)
can SQUARE READER be used outside of USA., particularly in philippines??
Thank you for this great info!
You're welcome Suzette
Thanks. A number of nay Sayers about this product. Want to get the larger one, sounds more secure. Appreciate your info. Thanks.
This review has been very helpful, thank you. I liked the point you made about having a second checking acct...makes perfect sense! How has it been going with square lately? I read somewhere in your comments that they have an actual person you can speak to now? Any new thoughts on this?
Chantel, You're very welcome and thank you for the post/question. I myself have not talked to square, haven't needed to as they have treated me very well to date and I have had zero problems with any of my transactions. I get very few comments that are negative about them so I have to say they seem to be doing it right. I would recommend them if you are looking for a company to use for credit cards. It's crazy how 15 years ago I had sales people trying to sell me credit card readers with contracts that would have cost me thousands of dollars and now it's as easy as picking up a reader and downloading an app. Hope this helped, take care
Today's generation has welcomed the digital era with open arms. I think it would be in the best interest of any company to stay current and adapt to new things. You've been very helpful. Thanks again!
Just getting started with Square. Your last tip about keying in cards is helpful. Many of my customers will call for storage lot info and I was tempted to take their cards over the phone and then issue them a code to the lot. Now I will make sure to do it in person. Thanks for the great info!
Good review and helpful - Thank you!
+Michael Farrere You're welcome Michael thanks for the feedback
Thanks...Glad you put this up
Gary White You're Welcome Gary, Thanks for watching. Hope I earned your subscription!
BurbBilly
Great advice ty!
Thank you!!
If I used my primary account that I use for every day use to set up for Square does that mean it is too late to change it from my primary account to a different account such as an entirely different bank???
Is there anual fee ? Or fee come only for every sale ? Thanks and can you do large sales like $5000 ?????
Good video, thanks Burb Billy. Great tip about the secondary account. I think Paypal operates the same, as far as disputes.
Thanks Bowtie, that's good to know about Paypal. I don't use them much but I have an account and plan on using it more for my interent purchases.
That was very helpful.
Thank you so much!
You're welcome Luke
Thanks for the tip on the bank account!
thanks for the review. it seemed very genuine.
You're welcome and it was. A few things have changed since I did this video, Square has a customer service number and I have had viewers contact me to tell me that they have had a good experience with calling Square. I myself have never had a problem with them to date.
The Burb Billy Just wanted to say that if you need an intro or any graphics for your channel feel free to let me know. I also manage RUclips channels for people. You may check out my reel or www.kvkstudios.net for examples of my work. Keep up the good work. Cheers mate!
How long did you have to wait to transfer funds after they test your bank account for direct deposit?
Top review, thanks
What about setting up a layway?
thanks for the tip on opening 2 bank accounts, one for square deposit, the other to transfer that deposit. Do you have both accounts with the same bank or different banks?
***** I have mine at the same bank, it's easy to transfer the money that way and square doesn't have access to my other accounts only the account I gave them to deposit into.
Thanx Billy. I found your tut very informative. Like the separate account idea. I'm just getting set up. I will use it for my estate sale as opposed to opening a business, etc. Do you know if I don't collect local tax, would the state still require filing on that income?
I think that varies state by state, you'll want to make a quick call to your accountant for that question. If you are required to pay any additional taxes on the money you earn you want to make sure it's factored into the price. Plus knowing that people will be paying with cards I would add 3-5% to every price right off the bat. Hope this helps and I wish you all the best with your estate sale. (for the 3-5 % just round up on the smaller items, if you're thinking 8 bucks maybe run it at 10 and see where it goes. You can always come down in price but you can't go up)
Also just an FYI I have found that when I have sold things at a yard sale or on craigslist etc.... people are not afraid to ask about a lower figure right out of the gate. Sometimes to the point of being obnoxious. If you price it spot on you will find yourself being haggled into a lower than asked for price so running it a bit higher helps with the negotiations(some people just have to get it lower than what the sticker said so doing it this way you get what you want and they get what they want;-))....also if they say they are paying in cash you can factor that in to your final decision.
I always ask for 90% upfront to buy materials and use the square for lower priced tranactions. That way you loose less money. The 90% is paid direct into my business ac
Can I order one through Amazon or eBay any recommendations
Yes it's available on Amazon ..with all other types that include the chip reader as well
Where did you enter the 3% convenience fee for use of CC?
Very enlightening. I have a bit of a longwinded question that I hope you might be able to answer for me because I can't contact SALES without allowing Square to run a credit report and verify my identity. This seems like a huge red flag when I have to BECOME a client just to ask the questions necessary to determine if I WANT to be a client. I understand that "Cross-border card payments are unsupported. This means that card transactions attempted outside of the country where you activated your Square account can’t be processed with Square. However, you can accept cash transactions while traveling internationally."
This doesn't fully answer the question and isn't entirely clear. I'm not interested in taking intrnational payments or performing work for clients who are located outside of my home country. That description could mean that all transactions cease to function, or it could simply mean that international cards aren't accepted outside of your home country. It implies that I'm trying to take a foreign payment in the foreign country that I'm in, but it doesn't really touch upon whether you can continue to use this while traveling to maintain a business which is physically located in your home country.
Let me give you an example: I'm a Canadian. My Canadian business is run online, so I can work from anywhere. If I go to my winter home in Florida for six months and work remotely, can I continue to manually charge my Canadian clients in Canadian funds by keyed-in credit card number? Or does the reader use my IP address and location to determine that I'm outside of my home country and stop allowing me to take payments altogether? This product would be an absolute win if people like me could take it with us and continue to do businesses aboard (in our home currency and with clients who are located back home). Because while there are serious implications to illegally working in a foreign country without a visa or permit, there is absolutely nothing illegal about remotely maintaining an online business which operates (and is located) in your home country while you, yourself, are abroad. Business owners have to be able to maintain their businesses while traveling, and they shouldn't have to wait weeks on end to receive payments simply because they're away from their physical office. Preventing transactions while abroad is kind of missing the mark here, especially for modern enterpreneurs in the age of internet startups. We're not tethered to offices or desks. We travel, we work remotely, we take working vacations. We need a product that allows us to continue accepting payments back home even when we're 1000 miles away. Granted, my system allows payments to be made by email, but the nature of my business requires certain clients to make deposits, and they typically provide a number to be keyed-in manually.
So, to reiterate: If I go to my winter home in Florida for six months, can I continue to charge my Canadian clients in Canadian funds via the keyed-in method, for business transactions made and performed in Canada? Or does the reader use my IP address and location to determine that I'm outside the country and stop allowing me to take all forms of payment? And with that said, if the reader doesn't work outside of the country, does the app still continue to process keyed-in transactions or does the app cease to function as well?
Thank you!!!
Even seen some gas stations do that extra fee if you use cards
Good review, have you ever worked with a Chip/Fast tap square reader ? Would like to see a review on that one as well
+LuKyLoPez43484 I have not used the chip fast tap reader yet but will look into it. I know that Ill need to update my square swipe eventually for these new cards. I'll definitely do a review when I get it. Thanks for the post
very helpful for a first timmer
Thank you, I'm glad the video helped you out
What about fees from the credit card companies? Like if you charge $10, what gets deposited? Do you pay the fee or does the customer?
business does
Hello Burb Billy,
Its been a year since you posted this and I see you are keeping up with it.
I have a question that I cannot seem to find the answer to. I think you referred to my question early in this video. I was wondering if you would be willing to elaborate.
I have an Android tablet (only WiFi or Bluetooth). Does the device have to be connected to a network at the time of a transaction or will it hold the transaction until the device connects to a network.
I am a new business and resources are minimal right now. My desire to to get a cellular based tablet.
Great video thank you so much
I have been reading some bad reviews about square and I have my suspicions. I will set up an account through my bank and charge a convenience fee or/And split the convenience fee with the customer. Thanks for the advice
I have a lawn service business I just ordered my square. I have some customers that want to pay with credit card, I know there is a fee of 2.75%. I want to know how can I add the fee to what there are suppose to pay me. For example if there are paying me $30.00 does the fee automatically adds up to them. do I have to type in the amount with the fee already included.
+marissa gonzalez I would tell a customer that if they pay with a card I charge a convenience fee of 3.5 or 4 percent. The reason you run a little higher is some cards charge at a higher rate due to the card perks or if you have to key it in. Then I just do the math before I ring it out. I don't have too many charges in my business, most people pay with a check but if they request it I do mention the fee before I ring it out. If you don't put the fee in there you just lost 3-4 percent of your job, do that on a lot of jobs and it starts to add up.
I don’t even hesitate to pass that off to the customer because when I let them know we can do credit card I also let them know there’s a 3% fee
.I did a job for $565.00 worth of work including parts , in which I had
paid for the parts and SQUARE deducted the entire amount of money from
my account without consulting me about the problem. So in other words
they sided with the card holder who would be my customer and I not only
lost the money for my labor, I also lost my money for the parts that I
had paid for with my money to begin with. I will not deal with SQUARE
any longer if they will do transactions in the future this way. It cost
me lots of money
Sorry to hear that, I haven't had any disputes so i don't have any experience with them in that way. I have been screwed over before though so I know how you feel
that sounds like the actuall bank but yes thats awfule for not even trying to contact u
What Square does right now is they send you the dispute thru fax. For faster customer service go to Square.com/code . There will be a number to call and a customer code. Keep that customer code and use thar everytime you call. 2 rings only is what it takes to get their service
Thanks for all the info! I might get the square for my distributing business. I also make bath and body products using essential oils...would you say its worth it for smaller transactions? I know so many people don't carry cash these days and if I were set up at an event and someone wanted to buy some bath bombs, lipchap and face toner I want them to be able to pay with a card.
+Xanthia Gonzales Yes it would work good for that. I'd maybe look at factoring the cost into your pricing as opposed to adding it on at the transaction. Figure you will lose around 3% on every card transaction if you don't.
Great video! Thank You!
+BKHtheWonderWoman You're welcome Wonder Woman! You're my first super hero to comment on here lol
+The Burb Billy (The Burbbilly)
LoL!
Don't fret friendly citizen, everything is going to be alright... Pow! Zam! Crash! Zip! Gonk! Clonck! Wam!
Do you still use Square today? Have you ever tried the instant deposit? Its an extra 1% fee but still useful if you need that money quickly.
I have not been running a lot of transactions lately but still have the account set up. I have used it for years now and never had a problem with it. I did see the instant feature but did not need it so didn't use it. It's nice to know its there though
Great video! Thanks!
You're welcome Jonathan, thanks for the feedback.
Thanks for your video it helped a lot
You're welcome Brad. Appreciate the feedback
+The Burb Billy (The Burbbilly) no problem