NU#5 The Square: PAY AT YOUR CONVENIENCE

The Square: PAY AT YOUR CONVENIENCE "Your Clients can pay anytime using all types of credits cards with the a device you can carry attached to your phone" Did you ever have any hassles in purchasing something because the type of credit card you have is not allowed? or have you lost a client because he can't pay cash but only coursed to a credit card payment? Or have you happen to meet a client whose dying to close the deal but only through a credit card which you don't have a device carried? Now, the square is a device invented to solve that dilemma. Square is a small plug-in attachment to your mobile phone that allows you to receive credit card payments. This latest invention uses a small scanner that plugs into the audio input jack on a mobile device. It reads information on a credit card when it is swiped. The information is not stored on the device but is encrypted and sent over secure channels to banks.  It basically makes any mobile phone a cash register for accepting card payments. It reads information on a credit card when it is swiped. The information is not stored on the device but is encrypted and sent over secure channels to banks. It basically makes any mobile phone a cash register for accepting card payments. As a payer, you receive a receipt via email that can be instantly accessed securely online. You can also use a text message to authorize payment in real time. Retailers can create a payer account for their customers which accelerate the payment process. For example, a cardholder can assign a photo to their card so their photo will appear on the phone for visual identity confirmation. Mobile devices with touch screens will also allow you to sign for goods. There are no contracts, monthly fees, or hidden costs to accept card payments using Square and it is expected the plug-in attachment will also be free of charge. Just imagine this breakthrough it's time to say good bye to credit card transaction charges and say hello to convenience.4 By: Jane Labarrete