In many cases, you’ll have to give up a month-to-month contract in exchange for a long-term contract with an expensive early termination fee. However, this equipment is never truly “free.” There will always be a tradeoff of some kind with this type of offer. Knowing that business owners often don’t want to lease their equipment or purchase it upfront, providers will offer a free credit card reader with each merchant account that you open. One common gimmick is the “free” credit card reader offer. Consequently, you’re likely to run across providers offering a service that looks a lot like Square at first glance but, in reality, will cost you a lot more. The company’s competitors have responded in different ways, with many trying to offer a Square-like mobile card reader while still relying on the long-term contracts, high transaction charges, and multiple account fees that they’ve always used to turn a profit. Square has lured thousands of small businesses away from more traditional merchant services providers over the years. Why You Should Beware The “Free” Card Swiper However, none of them have truly been able to match Square’s pay-as-you-go billing, lack of long-term contracts, and predictable flat-rate pricing plans.įor a small, low-volume business, Square is all you need if getting a free credit card reader is your top priority. Since then, most processors have introduced similar mobile processing systems for merchants looking to avoid the high cost of credit card terminals and POS systems. Square’s then-radical approach to payments allowed many small businesses to begin accepting credit cards for the first time. #Credit card terminal for ipad for free#These readers were so cheap to produce that the company could include one for free with each new account. Square pioneered the use of small card readers that connected to a smartphone and used an app for transaction entry. Why Square Is Still The Best Free Card Reader In Summary: 5 Ways To Get Free Card Readers For Small Businesses. #Credit card terminal for ipad how to#
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