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Established Contributor
masscredit
Posts: 850
Registered: ‎07-17-2012

Anyone Can Accept Credit Cards Now

At one time (as far as I know), it was just businesses that could get merchange accounts to accept credit cards. Now. it seems like anyone can. You can get a card reader from companies like Square and ProPay. Then if you sell stuff online, local or where ever and the person wants to pay with a credit card, your all set.  Connect the reader to your phone or iPad, and swipe away! Or, you can even key in the numbers. It's amazing how much things are changing...


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Regular Contributor
XxRaVeNxX
Posts: 201
Registered: ‎08-19-2012

Re: Anyone Can Accept Credit Cards Now

It's amazing how much I don't trust those things...I found a backyard mechanic on craigslist that used those.

 

 

I watched my account very carefully for a while after that day...

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Senior Contributor
fishbjc
Posts: 3,439
Registered: ‎11-30-2007

Re: Anyone Can Accept Credit Cards Now

My close friend supports herself by doing papercrafting and selling at venue's.  Since she began accepting cc., her sales have doubled! 

 

I don't think I'd trust a backyard mechanic or anyone from Craig's....I do keep a Cap 1 with a small limit for shopping at farmer's markets, craft shows, etc.

 

 

Frequent Contributor
somnipotent
Posts: 367
Registered: ‎06-02-2008

Re: Anyone Can Accept Credit Cards Now

I have a square just to have one.  My wife does photography on the side and it's easier to swipe than dealing with depositing a check.  2.75% fee isn't that big of a deal.


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Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011

Re: Anyone Can Accept Credit Cards Now

How long before "bad" people begin using square.....

ccpics2.jpg
Contributor
firesoul453
Posts: 150
Registered: ‎08-24-2012

Re: Anyone Can Accept Credit Cards Now


beb86 wrote:

How long before "bad" people begin using square.....


There might be some idiot that does this now and again, but it won't ever be a problem.

It would be WAY WAY WAY to easy to get caught. 

 

Only one person has to find a fraud charge on a card and the person using square or other device will get caught in no time. Even if they somehow manage to get the money and go into hiding, there is no way they could do it again.... And I don't know of a single credit card that doesn't offer refunds of fraudulent charges. 

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a JP Morgan Palladium card
Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011

Re: Anyone Can Accept Credit Cards Now

i meant more like the street walkers and street pharmacists type of bad people.

ccpics2.jpg
Valued Contributor
trumpet-205
Posts: 2,505
Registered: ‎11-11-2010

Re: Anyone Can Accept Credit Cards Now


beb86 wrote:

i meant more like the street walkers and street pharmacists type of bad people.


If you are buying drugs, chances are you want to use cash. Any form of electronic transfer (such as credit card) is traceable.

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New Contributor
Project17
Posts: 132
Registered: ‎11-21-2012

Re: Anyone Can Accept Credit Cards Now

[ Edited ]

Funny I saw a show the other night and they were talking about drug dealers in New Orleans and they showed one kid who took credit cards on his iphone with a square reader.. Of course the problem with thait's its so easy to track.. For that illegal activities you should be using cash or for side work .. Soon the IRS will just make companies take tax money out of peoples accounts!

 

I wouldn't be worried about some one swiping your card in person for a service even some from Craigslist.. People who do these things prefer people not to see their faces and its pretty easy for them to get people's credit info.

Frequent Contributor
QAMngrGirl
Posts: 463
Registered: ‎11-28-2012

Re: Anyone Can Accept Credit Cards Now

I am more concerned about modifications being made to the readers available now into stealing your info/money in one swipe. (Like the ATM scamming readers fitted on random ATMs). A simple Craigslist "face-to-face" transaction could cost much more than what you thought.

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