“Reviews On The Square for Small Businesses”
Those products also rely on data that Square has collected. They will be available only to small businesses that have a solid financial track record, based on a history of accepting payments with Square.
Square brings all of your key marketing and customer relations tasks under one roof and integrates it with all of your customer data. You can craft email campaigns that are fine-tuned to grab customers’ attention and bring in more sales, plus use feedback and loyalty programs to keep your name top-of-mind.
My problems began when I attempted to process an order from three individuals who were all friends and wanted to purchase the same item. In this case the price of the item(s) were $1,616.00 each. As I was unaware at the time with Square, Inc’s policy of holding any funds over $2,002.00 within a rolling 7 day period for a period of 30 days on manually entered transactions, needless to say the first $2,002.00 was deposited the next day, but the remainder of the transaction was going to be held for 30 days.
Square can kiss off. I am pissed, as are a lot of other people. We have all gone to the Better Business Bureau (which means nothing to the people who wrote this blog) and are hoping that enough complaints will get the company shut down.
The problem I had with Square was that I do a lot of extended warranty work in the RV Industry and the warranty companies pay by faxing us the credit card information to process. No card present charges results in Square holding funds. Found out by reading complaints after I got so pissed off. My Square account showed that they processed the total amount, however my bank deposits were not the same. With NO One to talk to about this, you and I are left to sift through Square’s help files until you come across the explanation. I guarantee that if you come up several hundred dollars or more short on a deposit, and NO explaination, you would be upset too. I was sent a questionaire with NO explanation of why. After searching several google I think it was some kind of survey to determine if Square will up my “no card present” charges. Still don’t know if they have yet…
Now 1 month later he complained of a duplicate billing with American Express. I got a notice in my email allowing me to dispute it within 10 days. Now less than 24 hours later, It was automatically chargeback to his account. I only have a handful of transactions that they could have easily seen, yet they still charge my account.
I used Square for personal and business reasons. I had been using Square faithfully for about 2 years. I recently did a transaction for a $1500 payment. I had all of the necessary documentation, Government Issued papers, Copy of the invoice and contact information from the insurance company issuing the payment, along with 3 different copies of my PRIVATE bank account statements. Square then told me my account was “High-Risk”. and they permanently shut down my account and told me I would have to wait 90 days to receive my $1500, after they used it and did whatever with it and gave me no Interest for holdig and using my funds. If you have Square get out while you can. Intuit too. Go With paypal. These Companies are crooks.
My suggestion is to thoroughly check out Square’s reviews, especially the BBB. There are hundreds of complaints scattered about, and these are initially masked by their own search engine positioning, by likely employing good reputation management experts skilled at burying negative reviews on deeper in the search engines. Do check out BBB.
Square, Inc. started in the U.S., but has expanded to Canada and Japan recently. I’m fairly certain that we’ll all see more growth from this company over the next few years, especially since Square now has a “global” option in their Help Center.
I have had problem with square since two years ago, no way of contacting them, they keep my money for says, now since 10 days ago did not deposit mt money I. My account and they are not contacting me either, I am all for suing them now
Smartphone payment systems are the next step in the evolution of credit card processing. Business Insider estimates that by 2020, sales made via smartphone apps like Apple Pay and Android Pay will account for over $500 billion in revenue (versus 2016’s $75 billion). Brian Chen of the New York Times suggests that the adoption of chip-enabled cards may serve to speed up the digital wallet trend, since apps like Apple Pay offer near-instantaneous order processing.
Take Michael Barzman. After years of working as an auctioneer for other people he went out on his own. He started using Square but after a few transactions received an email that read, “Hello Michael. We are sorry to inform you that we are deactivating your account. Our account services team has reviewed your account and found a pattern of transactions associated with high risk activity.”