5 Reasons You Should be Using Square Payments Square Payments makes accepting multiple forms of payment from customers easy. Why should small businesses be choosing Square? This article answers that question and more.
By Entrepreneur Deals Edited by Jason Fell
Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*
Claim Offer*Offer only available to new subscribers
Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
The world is increasingly digital, and many small businesses have been forced to play catch-up. While technology has simplified small business, it has also created gaps between the haves and have nots—those who can afford pricey technological solutions and innovations like payment systems, and those who can't.
In these days of economic hardship, it's more important for businesses to lean on technology to help them reach more customers and convert them into buyers. But how can they do that if they're struggling to even open the doors each day?
One simple solution is by accepting more forms of payment. Square Payments is making it easier for small businesses to accept all forms of payment without breaking the bank. They believe that no small business should be left out of the economy because the cost is too great or the technology too complex.
Why should your small business use Square Payments? Here are five reasons.
1. Accept more payments.
With Square Payments, you can accept all payment types easily and securely. People want to pay for things in many different ways, and Square Payments allows you to work with them rather than against them. Square lets you accept credit cards, Apple Pay, Android Pay, and many more forms of payment. You can even generate invoices to be paid later with Square Payments.
Payments are processed instantly and you can get paid in your bank account within one business day, or instantly for a small fee.
2. Get paid in more places.
You can implement Square Payments on a Square Reader, via app or computer, or on your website. It even supports offline payments for accepting mobile payments when you don't have a signal. Setting up Square Payments anywhere is extremely easy, requires practically no technical expertise, and lets you start taking payment in minutes without any long-term commitment.
3. Saves you time and money.
Credit card companies often charge small businesses arbitrary fees and lock them into expensive, long-term contracts. Square Payments offers transparent, flat-rate pricing free of startup fees, authorization fees, statement fees, refund fees, PCI-compliance fees, business card fees… There are no fees!
Whether you're using Square digitally, or you have a Square Reader, Terminal, or Register, Square Payments offers pricing terms starting at just 2.6 percent plus $0.10 per swipe, dip, or tap.
4. Protects you and your customers.
In the digital age, privacy and data security is paramount for businesses and customers alike. Square Payments meets the top data security and compliance regulations, ensuring your data and your customers' data remains secure during every payment.
Plus, in the event of a dispute, Square Payments says it will deal with the bank so you don't have to.
5. Helps you grow your business.
Growing your business is easier when you can accept more forms of payment, but Square Payments goes even further. With real-time reporting and analytics, you'll get a live view of your cash flow and always have up-to-date insights on your business's financial health.
Square Payments makes life easier for small businesses and their customers alike. In these tough economic times, every small business needs every advantage it can get. Square Payments provides those advantages. Click here to get started today.