Alright, my little entrepreneurs, it's time to talk about money. I'm talking about selling your goods or services and getting paid. In this digital world, payments are not always made in cash and sometimes you have to take credit card payments. Say what? But what if I'm a traveling salesman who doesn't carry around a credit card reader? That's where your iPhone comes in handy. There's a company called Square (click on the link) that let's you take credit cards with your iPhone, iPad, computer or card scanner. It's free to sign up and they even send you the card swiper for zero dollars. And that's not all. They don't have monthly fees, no minimums and no signup costs. The transaction fees are low - a flat rate of 2.75% for swiped transactions, 3.5% + $0.15 for keyed transactions, and 2.9% + $0.30 for online charges. The best thing is you don't get charged if you don't use it. Oh, did I mention that your money is there for you the same day? None of that five day waiting that the banks pull. No sir! So leave that PayPal dinosaur and head over to Square to complete your transactions. By using the link above you'll get a little bonus and so will I.
Live well, save daily.