Square Terminal

I hope this takes off solely so I can pay with a credit card directly at my table at restaurants instead of having them take it to back of house. Much of Europe has been doing this correctly for a long time now

How is this going to affect how often I get asked to tip? I want to see less tipping, not more. Square seems to be one of the primary offenders in introducing bribery to transactions where I don't really want to rate how much I was pleasured by the personal performance being put on for me. Getting coffee shouldn't be embarrassing, and don't prompt me to tip you before you give me what I'm paying for.

Sigh. A $400 all-in-one solution, released just a few months after I spent $950 for their prior setup. I'm still making payments on it...

It looks sleek but the lack of physical buttons seems pretty bad from an accessibility perspective. And it is another always on screen that will inevitably always be a little too bright for comfort. As boring as the traditional terminals you see all around the UK are, they get the job done.

Honest question, I have never used Square, but what does the back-end for setting up products look like? In a resturant you may have many variations for a meal (Hamburger, no lettuce, extra mayo, etc.) and some may incur different fees. Has anyone had experience with that which can provide links or insight? I ask this because I got asked to help with a local mom and pops (Taco Shop) setup of their POS and genuinely curious.

Any hardware engineer know how one goes about sourcing electronics (IC) for a chip reader? Thinking directly from the manufacturer, I know you can order stuff on AliExpress but I'd prefer to be able to rely on the original chip maker's docs, evaluation kits etc.

IMO Square has great looking hardware but their software is pretty mediocre and unattractive. The Stripe guys are killing it on the software front recently, wondering if square should continue pushing hard on the hardware front when stripe is eating their online lunch.

If this can <i>always</i> process chip cards that quickly, I&#x27;m very impressed. Usually it&#x27;s at least 10 seconds, just standing there staring at the card reader, waiting.

The design is pretty ugly. I&#x27;m not sure why each device Square sells has different processing fees. They didn&#x27;t use to charge a fixed fee ($0.10), but now they do on all new devices, which gives me no incentive to upgrade. Their rate is pretty much 1% higher than you can get from a merchant account and even more when it comes to debit cards. My long-term bet is on Clover and even Stripe. In a very short term, Square launched a bunch of devices, but most don&#x27;t work with Bluetooth barcode scanners, so, their mobile promise is unfulfilled and this actually is their niche. They also push for the super expensive Socket barcode scanners - you can buy a better one for a tenth of the price, but Square won&#x27;t work with it, because they want to sell you the expensive Socket. Last, but not least - Square does not give nonprofit discounts. Both Stripe and PayPal gave our nonprofits half percent off from the processing fees.

I feel like they should&#x27;ve future-proofed a little more by including a scanner. Scanning QR codes to pay is huge in China (Wechat Pay) and Chase has their own &quot;Chase Pay&quot; app that lets you pay with a QR code as well. Would also presumably enable crypto payments.

I&#x27;ve helped run a family home improvement business for a while now, and for now we&#x27;re a little wary about accepting electronic payments, since the fees are so high + the possibility of dealing with a chargeback. It&#x27;s interesting that they mention disputes with high 4-figures.<p>Contracts are routinely over 5 figures, so 2.6% ends up being quite a big cut just to accepts credit. I suppose a ~2.6% fee could be added, but that still leaves exposure to chargebacks. Does anyone here have experience using square with large payment amounts?

How is it different from a payment terminal machine from bank?

I&#x27;m going to be curious how it stands up to wear and tear. I notice that these types of terminals which are brought to tables tend to be pretty beat up.

Interesting fact: Square terminal does not support pin entry. Chip and sign or on device cvm for high value Mobile payments (apple and google pay).

I hated it on square&#x27;s software that when I was in &quot;financial high waters&quot; and the person can see that I clicked the &quot;other tip&quot; and had to give $1 instead of $2 or $5 tips. That&#x27;s just a human thing tho, the rest of the square hardware fleet is on point!

Is it going to ask me for a tip up-front for every single transaction, like the tablet terminal things do?

This is a nice technology, but paying this overhead on every transaction is highway robbery. Can everyone not in the credit-card&#x2F;banking industry band together and negotiate a better rate?

Is that an iPhone? iPad? Android?

no chargeback fee is interesting