If You Are Setting Up At Card & Collectible Shows: Check Out This Goodie

storm888

SquareUp

MULLINS5

looks nice!

hookem

I am actually going to set up at a show on the 12th. Have you used one of these?

storm888

<< <i>I am actually going to set up at a show on the 12th. Have you used one of these? >>



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I have not used it.

I was attracted to it because: "No contracts, monthly fees, or hidden costs."

And, it fits into a shirt pocket.

It appears to be set up along the lines of PayPal.

Bunker

That looks pretty cool! That seems like something that would come in handy, if I set up at shows I would look in to it for sure.

hookem

I sent an email to them requesting info. Will post what I find out.

bobsbbcards

I'm curious about the "0 to $60" blurb. Does that mean that it accepts only payments that are less than $60? Hope not.

alifaxwa2

<< <i>I'm curious about the "0 to $60" blurb. Does that mean that it accepts only payments that are less than $60? Hope not. >>


I read that to be a reference to how fast and easy it is, nothing more.

ajw

Does anyone else think that buyers might be fairly suspicious of this little gadget? I'd be really curious to know how they react, if anyone tries it out.

TheHun

it is the kind of device used by unscrupelous waiters/waitresses to rip off customers when paying their dinner tabs - that is one of the reasons the $60 limit is put on it - think of it as a money govenor.

storm888

The is NO universal "$60 limit."

Sundry "Floor Limits" are assigned to each account.

Dorsey is the cofounder of Twitter. The device is designed
to bring Point-Of-Sale (card present) credit card processing
to the little folks. Just like PayPal did for online payments.

The tiny device is a full-feature POS terminal. It is not a
storage reader. The scheme is just as safe as any other;
safer than some.


This will be ideal for EBAY-sellers wishing to offer Local Pickup.

(I requested the application yesterday. Have not rcd it yet. I
expect it to be EZ to qualify; most others are complex and
restrictive. The audience is the general Twitter crowd, so the
requirements have to be pretty low.)


youtube demo


tech crunch



Background

In February 2009, Jim McKelvey wasn’t able to sell a piece of his glass art because he couldn’t accept a credit card as payment. Even though a majority of payments has moved to plastic cards, accepting payments from cards is still difficult, requiring long applications, expensive hardware, and an overly complex experience. Square was born a few days later right next to the old San Francisco US Mint.

Today the Square team is focused on bringing immediacy, transparency, and approachability to the world of payments: an inherently social interaction each of us participates in daily. We’re starting with a limited beta and rolling out to everyone in early 2010.

Square is backed by Khosla Ventures and a team of angels.

Square, Inc. has offices in San Francisco (Product & Engineering), Saint Louis (Operations), and New York City (Risk & Partnerships). Join us.

Square is:

Buzz Andersen, Robert Andersen, Jack Dorsey, Chris Kampmeier, Paul McKellar, Jim McKelvey, Tristan O’Tierney, Matt Peterson, Randy Reddig, Cameron Walters and Sam Wen.

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daneyb

Actually there is a credit card swiper app that allows you to bill against a person cc. THis way no one needs to sign up for anything and everyone will already be at the show with a creid/debit card in their wallet. I would get that app before I tried something like this. It will be way more univeral.

storm888

<< <i>Actually there is a credit card swiper app that allows you to bill against a person cc. THis way no one needs to sign up for anything and everyone will already be at the show with a creid/debit card in their wallet. I would get that app before I tried something like this. It will be way more univeral. >>



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There are TONS of apps that interface with a seller's
existing Merchant Account platform.

The MA can be extremely difficult for MANY folks to
qualify for. There are also substantial fees for the
conventional MA.

The SquareUp account - a de facto MA - is FREE and
their signup requirements are expected to be as liberal
as those of PayPal. (Folks who have not been involved
in credit-card fraud, should have no problem being approved.)

Buyers do NOT "sign-up" for SquareUp. The seller does.
The buyer simply presents his credit/debit card to the seller and
signs the screen with his finger or a stylus.

..................

Currently, EBAY sellers - and card show sellers - cannot safely
accept PayPal payments for local-pickup transactions, UNLESS
the seller has a PayPal approved POS-terminal and a "card present"
account. (Such accounts are expensive - whether they are used or
not - and they are not easy for many sellers to obtain.)

SquareUp solves the local-pickup challenge.

Funds will be disbursed based on industry standards. There will
be a brief holding period; the funds will then be moved into the
seller's designated bank account.

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America is the MOST backward developed country in the
field of payment processing.

In Asia and Europe, consumers have DOZENS of payment
options associated with their cellphones. The "Bump and Pay"
concept is extremely popular among retailers and their customers.

Phones are preloaded with either a bank balance or a credit card.
The customer enters a payment amount on their phone, and
"bumps" the phone against the retailers' POS-terminal. The
transaction is completed immediately and a printable receipt
is emailed to the customer's phone.
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DoctorK

Any update on this item? Has anyone actually used it?

Thanks

Nascar360

Anyone?

bman90278

<< <i>Any update on this item? Has anyone actually used it?

Thanks >>



i haven't but did some leg work for you.
I just punched up Square, Inc on my Iphone and it has 31 ratings and looks to have a 3 1/2 stars out of five.

Also check out this link,
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