Review on Square by Pedro O. Alvino M.
Payment platform with no additional fees or charges.
Square's platform, a payment processor with wide flexibility in the rate system and adapted for merchants with low transaction volume and retail merchants, is one of the few payment processors that does not have additional charges or monthly fees for its services, It also adds several payment systems, such as a payment mechanism for mobile devices through its application, a point of sale system and other credit card payment processing equipment.
The advantages of using Square are many so that for merchants having less fees increases their percentage of profits, which is very beneficial for merchants who are just starting to sell their products, in addition to them it has a free website that It serves as a medium for merchants to sell their services and products.
The payment processing on the platform is easy to use in addition to the banking system it takes from one to two days, however it adds an instant deposit system with an additional fee of 1.5%.
Square, a platform with excellent rate programs that are fully visible on its platform, has a good base of payment services without hidden fees, so expanding its services to other countries can increase the demand for its services and improve its system. customer service.
Pros
- It has a very easy-to-use payment system and point-of-sale payment system.
- It is one of the few payment processors that does not set monthly fees.
- It has fixed rates and very low commission for slipped, submerged and intervened transactions.
- Provides merchants with a free online store option.
- Accounts with Checkout services.
Cons
- Your services are not available for a wide variety of countries.
- Limitations in the customer service system for merchants.
