However consider the down side of Square. In many cases the cost for processing credit cards can be higher with Square. Because Square is an aggregator you have no true merchant account. They refer to their customers as sellers. When one opens an account, they take much of what one presents with little vetting or underwriting. If they question later what you do or sell or how you sell it, all then without warning your money will be withheld. Then the fun begins with getting help or having a conversation with a person. Consider other service related issues.
By the way Square is losing money, Net Loss of $48 million - per page 13 of 4Q 2015 letter to investors.
The article Don’t Get “Squared” by Square Up first appeared on truthsaboutmerchantservices.blogspot.com
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