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Guest post by: Jason Kay Become an Author

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Accepting credit cards is a great way to ensure that your business has ample opportunity to make decent revenue on a consistent basis, but sometimes being approved to be able to accept credit cards is a whole other story; enter Sqaureup. SquareUp was born out of the need of one of its founders to be able to accept credit cards as there was no other way for his small business to do so. Now anyone with an iPad can accept credit cards and the application is coming soon to the iPhone, iPod Touch, Android, and even laptops. With typical credit card merchant accounts there are costly fees associated with accepting them and just to be approved you have to fill out a stack of paperwork. Even if everything is in order you may still not be allowed to use the service and any application fee you paid to the merchant account is gone for good.

With SquareUp all you need is to plug in their special swiping jack and you then can accept credit cards anywhere you go. Additionally, you can integrate your business and organize inventory and set prices all in an effort to help you streamline your efforts. No need for paper receipts as Sqauerup will automatically send you your receipt via e-mail. They even have an application that allows for your customers to leave you a tip if they so desire. Talk about easy.

When comparing the prices of Sqaureup to the traditional credit card merchants you can see right away why this program is rapidly gaining popularity. With most merchant accounts you have to not only fill out a mound of paperwork and pay an application fee, but you may also have to pay many other fees along the way. There will of course be the percentage that the company takes just for you to do a transaction, which is usually around three percent or more plus about 30 cents per transaction. This can really add up over time, but the fees don't stop there.

You usually have to also do a minimum amount of monthly business and pay a monthly fee just to have the service. Add that to the fact that you have to sign a contract and it is no wonder why many small business owners don't accept credit cards. Sqaureup is changing all of this.

With Sqaureup there are no hidden fees, no application fees, no monthly fees, no contracts, and no monthly minimums. All they take is 2.75 percent if the card is swiped and 3.5 percent if the card is keyed in plus 15 cents per charge. That's it, no more, no less. Now it is possible for any business owner to accept credit cards.

SquareUp may still be relatively young, but they are giving the big boys much to worry about. As for the small business owner, there is no longer anything restricting you from accepting credit cards. The only thing stopping you now is the time it will take to get things rolling with SquareUp.

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