I am not a merchant, but I received e-mails from Square Up saying that I’ve successfully signed up. Then I started “receiving” payments. They had my correct credit card number, my name and e-mail address. I reported this as fraud to my credit card, even though I was receiving money, as it was a mistake. I don’t know how it happened, but I would not trust this company with my business. I believe there is great potential for fraud. Trying to get them to answer the non-existent phone number or e-mail address is impossible. Seriously, bad company.
I think Square will disappear as a company (not by being bought out, but by being outdone by other more customer friendly companies) in due time. For now the pomposity and elitism seem to have won, but you know what, they have also got a rabid badmouther working against them now. This is a message to the 22 year old paper billionaires who, upon receiving 100 million in VC funding, start to imagine themselves to be sitting next to Gods. I wish they would understand that their riches and success depend on this one small thing in the entire process, called THE CUSTOMER.
If you do not want to wait 180 days to receive these funds, you may consider refunding the payments back to the original cards and seeking an alternate form of payment. Please note that we refund all the fees, too.
When you say “dead end,” are you unable to reach the page from one of the links? The Rating Criteria can be found here: CPO Rating Criteria, and the adjusting of the rating is explained in the Better Business Bureau section.
When I press Square hardware lead Jesse Dorogusker in mid-June about the Square credit card, he only says, “You’re on it. There’s a lot there.” Cryptically, he adds, “We’re always searching for something better. I definitely won’t deny it but I definitely won’t announce anything.” Is there a prototype Square credit card? “I’m not going to answer that,” he replies with a wide grin, a response similar to the one Dorsey delivers to me a hardy laugh. (“I can’t say everything that we’re building in the company!”)
A PayPal account isn’t a merchant account. They do offer a “merchant services” account for larger volume needs but it’s unclear if it’s considered a traditional merchant account that falls within the IRS reporting requirements. I recommend inquiring with PayPal if this is a concern.
Both systems give you the essential inventory management features, including the ability to upload products via spreadsheet (with their associated description, tax rates and barcode), track your inventory in real-time, and receive alerts when stock is running low.
It’s always something to this effect, and they always threaten to take money out of my bank account: “We have not received a response from you regarding the $1,973.27 payment dispute on a transaction that was processed on January 24, 2016 If you would like to challenge or accept this dispute, please respond to information Request Form within 24 hours from the date of this notification.” There’s more, but I’m sure you get the idea.
Elaine Pofeldt is a journalist whose articles on entrepreneurship and careers have appeared in Fortune, Working Mother, Money and many other publications. She is a former senior editor at Fortune Small Business magazine and an entrepreneur herself, as co-founder of 200kfreelancer.com, a website for independent professionals. She writes “Your Business Credit,” a weekly column about small business and credit, for CreditCards.com.
Not sure why, but they have sold or just gave out my email address. This is my finnancial email, I don’t give it out to ANYONE, but since I signed with Square, I get almost 100 junk/spam/phishing emails A DAY! What a waste of my time.
QuickBooks GoPayments mobile app has good reviews in the app stores, and its seamless sales integration with QuickBooks makes it a natural choice if you use QuickBooks to manage your business. But GoPayments is missing a few key features, including: