Square’s New Deal For Small Business Owners: 0% Transaction Fee
Being a business owner these days has it’s challenges.
But there are also some perks. The technology we have access to is amazing. And much of it is free or cheaper than it’s ever been before.
Check out this article called “Jack Dorsey’s Square Deal For Small Businesses: 0% Transaction Fee” by SARAH KESSLER and learn how you can accept credit card payments without transaction fees…
“Instead of charging merchants per transaction, the payments processing startup wants to bill them one monthly flat fee.”
“Square has a proposal for small businesses that they’ve never heard before: Instead of taking a percentage for every credit or debit transaction, it will charge them one flat fee each month.”
“’It’s kind of like your cell phone bill,’ Square CEO Jack Dorsey tells Fast Company. ‘You can pay per minute or you can go unlimited. You can pay as you go at 2.75% per swipe, or you can pay $275 per month.’”
“Dorsey says the flat monthly fee is continuation of Square’s emphasis of making credit card fees understandable, which it has until this point accomplished simply by charging the same transaction fee for every swipe.”
Photo by David Berkowitz
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