Square: Credit card payments on your iPhone by iJustine

Previously we’ve talked about how other mobile payment solutions will measure up to Square in the ongoing mobile payment processing war. However, with the recent news that the service as well as the accompanying card reader will only cost a mere $1 to obtain fills us with great excitement as we are looking at what is potentially a great payment processing solution! By plugging in a small square card reader gadget slightly bigger than an adult’s thumb into the iPhone, iPad or Android devices, making purchases using credit cards will be a cinch!

Here are 10 reasons why we think Square’s mobile payment processing solution rocks!

1. It’s only a measly dollar!
Did we mention it’s only $1? If you wonder how Square can afford to give away the card readers, it’s because they are 2.9% out of every transaction they help complete using the service. After signing up, the good people at Square will send over a free card reader/scanner as well as a nifty sticker.

2. Accept credit cards easily – no frills and spills!
You can now do away with the need to fill up tedious contracts and pay through your nose just to accept your customers’ credit cards. Square’s intuitive interface will also take the guesswork out of the picture.

3. Awesome compatibility
Basically any mobile device with an audio input jack is compatible with the Square card reader. iPad, iPhone, Android devices, you name it, it’ll fit in.

4. Go paperless
Square emails you all the receipts instantly to your email or mobile device so that you can easily keep track of your expenditure.

5. Photo verification features make payments more secure
Load up your photo and get it verified; in no time your payment can be processed without a hitch

6. Delicious rewards galore!
Square and its merchants will reward customers for being loyal. They’ll know when you’ve been frequently making purchases with Square and will find ways to reward you. Free iced coffee, anyone?

7. Receipts suddenly become interesting!
In the past, physical receipts are a chore to keep. Now Square lets you track down each purchases, and attach photos of items you’ve bought as well!

8. Virtual shelves – A feast for the eyes
Square makes all merchants’ products look more delectable by placing them on a virtual shelf. It’s just like a real store!

9. Virtual tip jar – Fill ‘em up!
Customers can choose to drop in some tips based on a percentage of the purchases or any amount they wish, really

10. Top notch security features
Square went the extra mile to ensure full security compliance is practiced. Fulfilling requirements like PCI Level 1 and PA-DSS mean that Square users can shop with peace of mind.

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