A few weeks ago, we signed up for a Square account to test with a small consumer product line we have that is mobile.
Wow, were we impressed.
The sign up process was easy. We simply needed an EIN number, a verifiable bank account and we were set up to accept credit cards (on site only, no phone or Internet sales.) Within a week, Square shipped a credit card swipe reader which gets plugged into an iPhone, iPad or Android smartphone. Download the app, log in and you are taking credit cards. You can even take a picture of the customer holding up the product they bought as part of the receipt!
There are no set up fees, no equipment to buy. Square sends the small reader free of charge. The fee is 2.75% per swipe for all cards (higher for manual entry) The funds are transferred into our account later that night and available the next business day.
Our Advice: Sign up with Square and start taking credit cards at the fields for t-shirts and other concessions. Be sure to control the sign up process at the treasurer level and above and make sure the account is set up under the tournament’s brand. Square sends out one free reader as part of the account, but I think they will send out more if needed for multiple locations. We will send them an email and follow up when they reply. Answer is online at this page.
Control the card readers as you would any other financially sensitive equipment. Establish as few points of purchase as possible and only with trusted staff. You may even want to purchase iPads for use by the concessions staff only so your login credentials and accounts are not compromised. Change the passwords immediately after the event or shift change.
You will need an internet connection or smartphone (iPhone, Android) with 3G at the fields.
2012 is the year soccer tournaments will become mobile very quickly. Technology and services like Square will help us get there.