Square Credit Card Processing

[bubbles]

so your saying that the cc company will refund me 6% of the price, of the GC. correct?

correct. The BCP gives 6% back on all purchases made at groceries

[gevaldig]

BCP   before i asked i looked it up in  http://www.dansdeals.com/wiki/Acronyms   but no results

[myb821]

BCP   before i asked i looked it up in  http://www.dansdeals.com/wiki/Acronyms   but no results

If you have the blue cash preferred then any gift card you buy at a grocery will get you 6% cash back

[gevaldig]

you should add it to  http://www.dansdeals.com/wiki/Acronyms

[AsherO]

you should add it to  http://www.dansdeals.com/wiki/Acronyms

Or perhaps you should try adding it.

[bubbles]

Or perhaps you should try adding it.

Isn't there a 100 post min or s/t like that?

[AsherO]

Isn't there a 100 post min or s/t like that?

Good point. But maybe it's redundant since n00bs won't figure out how to post anyway...

[Thingywingy]

Is this really better than just sending money with PayPal to friend and paying their rate I think 3percent. Does PayPal charge same rate if your sending money or receiving fir eBay purchase?

[Thingywingy]

Just an intersting thing i saw

SquareUp.com

get a free credit card reader for iphone and android phones.

rates are
2.75% + 15¢ for swiped transactions
3.5% + 15¢ for keyed-in transactions

dunno how this would be good, they're sending me one.
definitely for 5 purchases a month
and if u really need to meet a spending deadline?
and oh, ye, to accept payments

What does it mean keyed in v swiped?

[elikay]

If you don't have a physical card you'll need to punch in the number. It is a higher risk to them (and an added convenience to the merchant) so they charge more.

[Thingywingy]

lechorah yes. Of course they can tell. Question is if amex can tell you're the merchant. Square will block u if u use ur own card a lot so make an AU.

Any idea whats alot?

[PlatinumGuy]

I just found another payment processing site - Payleap.com, $15/month + 2.5% & $0.49 per transaction or $25/mo & 2.1%

http://www.payleap.com/lp/billingrevolution/

[BAHayman]

Just came across a new mobile payment platform called card.io.

Works surprisingly well. Fees are a bit higher then square (3.5% + 30¢ per charge) and they hold the funds for 7 days but the cool thing is that you don't need any extra hardware, just the camera

Also don't remember is square does credit checks or pulls but card.io is as simple as creating a login id and entering bank account details...

Couldn't find anything with search...

[Name Changed]

Just came across a new mobile payment platform called card.io.

Works surprisingly well. Fees are a bit higher then square (3.5% + 30¢ per charge) and they hold the funds for 7 days but the cool thing is that you don't need any extra hardware, just the camera

Fee's are a little steep

[AsherO]

Fee's are a little steep

Still a good aption if the cheaper ones don't work for you and 3.5% isn't cost prohibitive.