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Here at Harvard Business Services, we are always looking to give tips to help our clients. If you are a business owner always on the go and want a quick and easy way to get a payment without having to drive to the bank to deposit checks, then Square is a great option that is easy to sign up for. Here's how it can help you take credit card payments on your phone or tablet.
What is Square?
Square has been around for quite a few years now, but is still one of the coolest technologies out on the market. It is an easy way to get a U.S. merchant account. When you sign up, they send you a mini credit card reader that plugs into the headphone receptacle of your smart phone or tablet. To use it, you need the Square App and the reader. If you are a business owner who is always on the go it is an easy and safe way to take credit card payments via your iPhone, Android, or tablet. That’s right, swipe the credit card directly to your phone or tablet and the money is instantly deposited into your company bank account.
How can you get Square?
To activate a Square account in the U.S. you will need to provide the following information:
For a complete list of everything you need to register a Square account visit the company's sign-up page.
Who is Square available to?
Square is currently only available in the United States, Canada, and Japan. They are beginning to look into other markets, but there is no timeline for further international roll out.
For more detailed information, visit Square.com.
Image Attribution: Chris Harrison
THE AUTHOR OF THIS BLOG ARTICLE IS NOT A LAWYER AND HARVARD BUSINESS SERVICES, INC. IS NOT A LAW FIRM. THE ARTICLE ABOVE IS NOT INTENDED AS LEGAL ADVICE AND SHOULD NOT BE TAKEN AS LEGAL ADVICE. THIS SHORT ARTICLE IS STRICTLY TO MENTION SOME ASPECTS OF DELAWARE’S CORPORATION LAWS AND/OR LAWS RELATING TO OTHER FORMS OF ENTITIES WHICH YOU MAY NOT BE FAMILIAR WITH. WE RECOMMEND THAT YOU CONSULT WITH A LAWYER BEFORE FORMULATING A STRATEGY WHICH WILL BE SUITABLE FOR YOUR SPECIFIC CASE.