A new way to accept credit cards

(Hospitality Business News) December 12, 2010 - - Square is a new system that allows anyone to accept credit cards. Square works with any US-issued credit, debit, pre-paid, or gift card with a Visa, MasterCard, American Express, or Discover logo. Perhaps the US only restriction will be a hindrance in some major cities so you should be aware of this.

Square's card processing fees are:

·          2.75% + 15¢ for swiped transactions

·          3.5% + 15¢ for keyed-in transactions

There are no activation, gateway, monthly, early termination, or hidden fees.

Square can currently be used with the following devises

Apple iOS

·         iPhone, iPhone 3G, iPhone 3GS, iPhone 4

·         iPod touch (2nd generation or later)

·         iPad

Google Android

·         Motorola Droid, Droid X

·         HTC Nexus One, Droid Incredible, Evo, Desire, Hero (With Android 2.X)

·         Samsung Galaxy S Series, Intercept

·         LG Ally

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