Accept Credit Card Payments on iPhone, iPod or iPad
Square is a free app that allows a person, business, charity or anyone to accept credit card payments from their iPhone, iPad or iPod touch. Once you download the app, you sign up for a free card reader that attaches to your iDevice through the headphone jack. Then verify a bank account by confirming two small deposits and you are ready to accept payments. The app will add sales tax and email you a receipt with description and photo of the item purchased. A newer version will soon allow additional details of the transaction like name, address and additional item or service sold details.
While this might seem strange to many people, I see this as the future. It benefits any small business that doesn't accept credit cards. You don't have to sign a contract and you don't have to pay for any machine, setup fee or monthly fee. The only costs is 2.75% of the transaction. Not bad! Ever go somewhere like a restaurant and find out they don't take credit? Yes, there are lots of small businesses that don't. This short video shows how simple it is to do.