How to Set Up Square POS Account – Square point of sale is the best tool for retailers and business personnel to help manage sales and keep customer’s info regarding those sales. Its free POS tools and flat-rate card processing prowess have proven to be very useful especially for small businesses.
It’s easy to operate given its rather basic and simple interface and tools. All you need to do is download the app to your device, get the Square credit card reader and all other necessary equipment and start familiarizing yourself with the Square POS system.
Who Needs Square POS?
Small businesses trying to process payments and transactions more effectively could do with the services this app has to offer. Road side shops like food or snack trucks, coffee shops, small stores and so on needs a service that processes payment quickly and easily.
Also, businesses trying to build their presence online. Square POS comes with a free online store. This way you can stamp your business presence online.
Square POS Charges
While the app is free to download and you won’t be charged for setting up an account or using the Square POS services, there is a fee for every transaction done via this payment system. This fee varies and depends on the Square hardware card reader you are making use of.
Square POS charges 2.6% or $0.10 for basic transaction, 3.5% or $0.15 for manual transactions and 2.9% or $0.30 for online transactions.
How to Set-Up Square POS Account
There is no need for any professional credentials like the one you need when trying to set-up other POS systems. This one is just straight to the point and below are the steps involved.
- Visit Square’s website or open the downloaded mobile app on your device.
- Hit the “Get Started” button. Then enter your email address, create a password and select your region or country.
- Select between “Quick” or “Full” set-up. As the name implies, choose the quick set-up if you are looking to just sell and accept payments online or physically without the use of Square POS many wonderful features.
- Enter your business name or a name related to your business.
- Select the category in which your business falls under.
- Specify how you’d like to accept payments.
- Verify your identity by providing some personal details like address, name, D.O.B, SSN, and so on.
- Select a business location.
- Choose the duration of time it will take for your payments to be deposited into your account.
- Link your bank account to your Square POS account. Then Square will get on with verifying it which can take up to three business days.
You might need to set up add on like Instagram Page, Websites and so on that is if you chose additional ways to receive payment via Square POS. After setting up your account, you can get on with choosing a Square POS hardware and setting up your marketing list.
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