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May be of value so passing along
You guys hear about Square? squareup.com
It's actually a pretty cool solution.
For the average Joe accepting credit cards is a pretty big deal/hassle that's not worth it. All sorts of credit checks, personal guarantees, merchant accounts yada yada.
Square will send you a dongle for your iOS or Android device that allows you to swipe cards from your smart phone/tablet.
The rates are pretty good, 2.75% and no transaction fee on a swipe. Limit is $1,000 in transactions to start. If you link to a bank account they pay out daily.
One of my guys just got it. He also just moved in with his GF. She says to him, "i'll pay my half of the rent on my CC so I get miles."
If one of your buds owes you money and has no cash but does have a card there goes his excuse.
Out at dinner with other couples and the bill gets split multiple ways on multiple cards you can use it to swipe theirs, pay on yours and collect whatever points you normally get.
Just signed up my wife for a dongle for her jewelry business.
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"Brandon Won"
Last edited by stomachmonkey; 06-09-2011 at 05:35 AM..
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