Not sure how Square and the credit card guys work it out, but No, you only pay the Square % rate and the 15 cent transaction fee.
Once you get the reader it will only be a $4.15 charge LOL I agree, kinda pricey but it's worth it on some of my customers that have the option to pay with a CC otherwise its a 90 day wait....I just ran my first charge on my square and holy crap a $200 charge and i only get 192
I just ran my first charge on my square and holy crap a $200 charge and i only get 192
No Chris you do not need a merchant account.. You pay 2% (with card present) or 3% (without card)..They send you a CC slider in the mail for FREE once you sign up an account.I am confused here.
With the square and the IPAD, you don't need a merchant account or you still do?
I am wanting to get an IPAD next year and if there is no merchant account needed monthly then that is the way I would like to go. I don't have a lot of customers that pay with credit cards, only once in a while that is why I use the PayPal thing so no monthly fee.
Can someone explain this to me better please?