Point of sale from your phone!
Square, Inc. now provides an app for an android phone that converts it into a cash register or credit card terminal.
This app can be used on an Android phone, iPod, iPad, or iPhone. A free credit card reader comes with the app which is small enough to fit inside a wallet, and whenever a buyer wants to pay for a purchase or service, the credit card is swiped through the reader and the app processes the payment. Whenever the Square app is used, all the user has to do is plug the reader into the phone's audio jack so that it becomes activated for credit card readings. The Square app is perfect for small businesses that have limited space and want to accept an alternative form of payment besides cash.
The app can be downloaded for free through the Square, Inc. website or purchased through an Apple store with a rebate available. Once the app is downloaded, all the user has to do is link it to their bank account so that payments can be received immediately. Payments are deposited into the business's bank account the following day. To set up the app so that it is linked to your bank account, all you have to do is enter the routing and account numbers on the bank account page on the Square, Inc. site. A small amount of change will be listed under your bank account for withdrawal and depositing to ensure that Square, Inc. can confirm that the bank account really is yours. Once the bank account is linked to app on your android phone, you can use it immediately for business, selling products and services to customers. The Square app allows a business to maintain a customer list and inventory tracking, along with a menu where all available merchandise and services can be listed.
This app is perfect for small businesses that want to accept credit and debit cards for payment. It only takes a few minutes for the app to be ready for the first credit card payment when a user signs up, and Square, Inc. accepts all major credit and debit cards. Having the Square, Inc. app can increase business for those who like to shop or go to special events but do not carry cash with them. What I like about the app is that it allows the user to customize the checkout screen with photos, prices and categories. On the payment screen, a field appears where the customer signs their name using their fingertip. A receipt can be generated by sending the customer a text message or email. The Square app also has a directory available that a business can be listed in. Being listed in the directory is at the discretion of Square, Inc.
There is a charge of 2.75% per swipe for credit cards, and this is automatically applied for each sale. Square uses VeriSign Trusted and is Tier 1 PCI Compliant. Firewalls protect android phone connections between networks to ensure privacy and security.
The Square app is very easy to download and use. Having a credit card reader attached to an Android phone is very innovative in retail technology as it serves as a quick solution to a separate credit card terminal. It worked perfectly as promised by Square, Inc and is useful for anyone who owns a small business, holds yard sales, or craft shows throughout the year.
Read also - The Disintermediation of the Point of Sale Industry
