Any dealer members use the Square app. for processing show payments?

coindeuce · July 9, 2012 10:11AM

I'm curious as to how cost effective it may be for a small time dealer as a way to increase sales.

blu62vette · July 9, 2012 10:14AM

Not more cost effective than a CC machine. I have one and it is rarely used.

TomB · July 9, 2012 10:15AM

I've never had anyone ask, though I assume it will happen at some point.

coindeuce · July 9, 2012 10:19AM

<< Not more cost effective than a CC machine. I have one and it is rarely used. >>

And how do you get connected at a show? Are you able to get a table near a phone jack or a USB port?

LindeDad · July 9, 2012 10:21AM

From a customer stand point is it possible if the dealer has his computer set up online at the show is there a secure way for a customer to log into his PayPal account and send a payment to the dealer? So few shows around here I have no idea if it's been tried or not.

onejinx · July 9, 2012 10:23AM

The Square app uses a card reader that plugs into any data phone. Fee is 2.75% and they accept all major CC's

coindeuce · July 9, 2012 10:26AM

<< From a customer stand point is it possible if the dealer has his computer set up online at the show is there a secure way for a customer to log into his PayPal account and send a payment to the dealer? So few shows around here I have no idea if it's been tried or not.

>>

A customer using a dealer's lap top to effect a Paypal payment at a show would be at risk, unless the Wi-Fi connection was security enabled to prevent hacker intrusion.

Ahrensdad · July 9, 2012 10:42AM

I've set it up for that purpose but haven't used it yet. Had it available for 6 months.

Coinosaurus · July 9, 2012 10:47AM

Everyone right now is used to cash and checks at shows. Not to generalize, but coin people seem more likely than the average guy to want to do cash transactions.

pruebas · July 9, 2012 11:29AM

<< A customer using a dealer's lap top to effect a Paypal payment at a show would be at risk, unless the Wi-Fi connection was security enabled to prevent hacker intrusion. >>

I don't think so. All browser traffic to Paypal is encrypted via https. Besides, wifi encryption is easily broken so as to be almost useless.

Still, I wouldn't let someone else use my laptop, even to pay me.

blu62vette · July 9, 2012 11:41AM

<< 

<< Not more cost effective than a CC machine. I have one and it is rarely used. >>

And how do you get connected at a show? Are you able to get a table near a phone jack or a USB port?

>>

It plugs into the headphone jack of a cell phone. Emails receipt to customer after they sign on your phone. records GPS location, etc.

COALPORTER · July 9, 2012 11:45AM

<< 

<< From a customer stand point is it possible if the dealer has his computer set up online at the show is there a secure way for a customer to log into his PayPal account and send a payment to the dealer? So few shows around here I have no idea if it's been tried or not.

>>

A customer using a dealer's lap top to effect a Paypal payment at a show would be at risk, unless the Wi-Fi connection was security enabled to prevent hacker intrusion. >>

Dont they do IP checking too? If you log in from an unknown computor, they may think it is fraud as lock you account ?

coindeuce · July 9, 2012 12:11PM

<< 

<< 

<< Not more cost effective than a CC machine. I have one and it is rarely used. >>

And how do you get connected at a show? Are you able to get a table near a phone jack or a USB port?

>>

It plugs into the headphone jack of a cell phone. Emails receipt to customer after they sign on your phone. records GPS location, etc. >>

Thanks for the refresher Todd. Part of my inquiry was related to the convenience of the portability of the Square card reader, which is 1/20 the size and weight of a conventional card reader made for cell phone docking. The square card reader can be docked to an iPad as well.

Mercury · July 9, 2012 12:33PM

There is a twice a year coin show with about thirty tables in Metairie Louisiana. Last time I was there, two different dealers had these. I did not use a credit card but saw it happen. One of the dealers was mostly a bullion guy. They both had little credit card signs on their tables.

EEE · July 9, 2012 11:56PM

I have been using square for 6 months and have found
it very convenient for small dollar transactions...The set-up
and use are extremely easy...FYI; I have been using "square"
for sales of non-coin items at a local farmer's market...

In reading the "square user agreement" and also
researching customer reviews online, I found that
"Square" will hold funds for a very long time for
larger dollar transactions, or for transactions that
total more than XXX dollars per month...This caused
some real headaches/disasters in some of the reviews
I read...

I would read the user agreement carefully and look online
for customer reviews before deciding if square is right
for you...

~G Sarles

dorancoins · July 10, 2012 10:08AM

May I add that PayPal is slowly rolling out their version of Square called PayPal Here. Swiped cards are 2.7%, keyed is 3.5%+15c. Difference is that you can use your smartphone to "deposit" checks. Just got my reader in but will not use it until the 22nd of this month at the show in Springfield, IL. I also got Square in case PayPal Here has problems.

blu62vette · July 10, 2012 11:44AM

<< 

<< 

<< 

<< Not more cost effective than a CC machine. I have one and it is rarely used. >>

And how do you get connected at a show? Are you able to get a table near a phone jack or a USB port?

>>

It plugs into the headphone jack of a cell phone. Emails receipt to customer after they sign on your phone. records GPS location, etc. >>

Thanks for the refresher Todd. Part of my inquiry was related to the convenience of the portability of the Square card reader, which is 1/20 the size and weight of a conventional card reader made for cell phone docking. The square card reader can be docked to an iPad as well. >>

It does not get anymore portable and convenient.

Any dealer members use the Square app. for processing show payments?

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