Turn Your Smart Phone into a Credit Card Reader… Free!
School of Sign Arts has partnered up with Square!
Square is the simplest way to accept credit cards. The free Square app turns any Android phone, iPad or iPhone into an elegant and easy-to-use point of sale system that sets up instantly and can be taken anywhere. It is the simplest tool to help sign businesses collect deposits in the field.
Square mails you a free card reader when you sign up. You can download the app, sign in, and take a payment in just minutes. With transparent pricing of just 2.75% per swipe, no contracts, and no additional fees, Square enables your sign business to thrive.
How does this compare to other merchant services? READ ON!
Here’s how the monthly fees stack up for the vast majority of merchant services, including Elavon, First Data, Heartland Remote-Swipe, and others: Swipe a $700 transaction- no reward cards – and expect your Visa/MC rate will yield a charge to you of between $11.04 and $15.38. Then, add PCI compliance charge ($4.95/mo to $7.95/mo), plus transaction fee per swipe ($.05 – $.20) plus a statement fee ($9.95/mo for First Data; $10/mo for Remote Swipe; $6.50 to $10 for Elavon, waived if electronic), plus other fees ($15/mo help desk support, for Heartland).
The result? Your final cost for the above, from the companies listed, will be between $21.31 (Elavon with a statement fee of $8) to $30.38 (Heartland). Your total from Square is a nice, neat and predictable $19.25.
A huge bonus: You receive your funds the next day! Swipe the card during business hours, the funds are deposited next day straight into your bank account. Simply revolutionary. You’ll receive an email as soon as the deposit has been initiated.
Now, stop for a moment and think about AMEX. Don’t cringe… Square is still only 2.75%! That is less than the upfront rate from any of the companies listed above, if they accept American Express!
But wait. There’s more! How about reward cards? Yes, statistics show that roughly 70% of the cards your customers give you are reward cards. What does this mean for companies like Heartland, Remote Swipe and Elavon and virtually every merchant service? The rates go UP!
But not at Square. It is still a nice, predictable, affordable 2.75% all inclusive. No contract, no monthly fees, no termination fees, no hidden fees. Completely transparent pricing. We at SOSA believe this is the future.
Accept credit card payments on your Android, iPhone or iPad with the Square app and free Square Card Reader. Sign up now. You’ll never miss a sale again.
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