Monday, October 4, 2010

Personal Credit Card Machine

 
Ever tried to purchase something and realize credit cards aren't excepted and you don't have any cash? Ever have to lend a buddy cash because they didn't have any, and know you'd never see it again?

Whether you want to use credit cards at more places, or you want to accept credit cards yourself, check out Square. Square is a device that plugs into your i-Phone/i-Pad/i-Pod Touch/Android Phone head phone jack and allows you to accept credit cards as payment for whatever you can think of. The devise itself is free. You will be charged 2.75% + 15¢ per transaction swiped through the reader, or 3.5% + 15¢ per transaction where credit card info is typed in. No monthly fees, no sign up fee, and no contract, you are only charged based on your transactions. Automatically have records of who paid you what, when & where. Square also emails a receipt to the purchaser. Take a look, this product has a lot of promise!

Read David Pogue's article "A Simple Swipe on a Phone, and You’re Paid" from The NY Times.

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