Square Credit Card Processing

[myb821]

when i click the link it shows a 2.75% fee

[bhphotoman]

they dont hit u for the fee they hit ur cc NOT u

[bhphotoman]

i have it and i have done it

[bhphotoman]

weird cuz i have it and have used it and it did not charge me a cent i swiped it for 9k for the amex promotion and nada but the site does say it cost you a fee now i am confused

[Chaikel]

http://www.cardpaymentoptions.com/credit-card-processors/square-review/

Created by the founder of twitter

[elikay]

weird cuz i have it and have used it and it did not charge me a cent i swiped it for 9k for the amex promotion and nada but the site does say it cost you a fee now i am confused

Of course it costs!

[dans fan]

they dont hit u for the fee they hit ur cc NOT u

can you explain what you mean they hit your c c not you. do you mean they hit the cc of the person swiping not of the seller or do you mean they do charge the seller but they charge the seller cc the one you gave to pay your processing fee

[karen]

https://squareup.com/

its a mini cc reader direct from ur phone links straight to ur bank acct and its all FREE so basically swipe ur card to meet your spending goal get ur miles/points and then pay ur cc back from your bank acct no need for coins amazon payments or gift cards i tried it and it worked perfectly its freakin amazing

I am confused. If we don't pay to do this, how squareup.com makes money? When we go shopping, we use credit card, merchandise company pays credit card company fee. squareup.com has to pay credit card company fee here, right?

[elikay]

Quote from: bhphotoman on Yesterday at 08:24:19 pm

https://squareup.com/

its a mini cc reader direct from ur phone links straight to ur bank acct and its all FREE so basically swipe ur card to meet your spending goal get ur miles/points and then pay ur cc back from your bank acct no need for coins amazon payments or gift cards i tried it and it worked perfectly its freakin amazing

I am confused. If we don't pay to do this, how squareup.com makes money? When we go shopping, we use credit card, merchandise company pays credit card company fee. squareup.com has to pay credit card company fee here, right?

He's wrong the is a 2.75 percent fee

[HelpMe]

He's wrong the is a 2.75 percent fee

This is correct. The 2.75% fee is charged to the merchant not the customer.

[gozalim]

you can purchase VISA gift cards with 3% cashback

where?

[HelpMe]

where?

A lot of grocery stores but I would use a 6% cash back card.

[HelpMe]

You'd also be running all kinds of other (albeit unlikely) risks, such as raising flags with the IRS, being investigated for money laundering, who knows...

Would you happen to have any data points where this has happened?

[gozalim]

but is there anyplace that you can buy a visa gift card by Credit card?

[HelpMe]

but is there anyplace that you can buy a visa gift card by Credit card?

Many places, check your local stores. All the ones I have seen come with a 5 to $6 per 500 card fee. Once the Mint shut down I was left with a couple years of spending in GC's. Square to the rescue!