square wallet

One of our accounts pays weekly by credit card and we use Square for processing. It's great because I have the app on my phone and ipad and can run any credit card anytime, anywhere.
 
Doug encouraged me to send for this and download the app. I've only had one customer who I used it on and it worked flawlessly. Money was in my account in 2 days. I love the fact that you can email them the receipt and even include a picture of the job with it. I recommend trying it if you haven't already.
 
This Square wallet is different. Allows you to pay for things by using your phone. You tie your debit card to it.
 
I have the square app but have not heard about square wallet until now, I will need to ask my customers if they are comfortable with this feature or not.
 
Pros:

Convenient... plug the reader into the headphone socket at the top of the iPhone and swipe, or if the cardholder and card is not present enter card details.

Mobile... Can swipe a card on job site if necessary, take payment before service over the phone.

No commitment... not tied to a contract on a card reader terminal.

Cons:

not had any yet, it has served the purpose we needed it for.

We have only ever been a cash or check payment business so I am not familiar with typical swipe rates taken by processing agent - the rates on square have never been an issue for us and we get paid quicker than we would waiting for a check.

Customers who have used this were a cement truck company who have frequent hydraulic fluid leaks on new developments and a company who prefer to use a department credit card to get pressure washing service when they need it, rather than wait a month for their in-house maintenance to get to it.
 
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