Square for Retail
Square for Retail+ costs this much per month
$60/location
Square for Restaurants costs this much per month
$60 + $40 for each additional terminal
Square Appointments would cost this much per month for a merchant with 1 calendar
$0
Square's Rate for an invoiced debit card is this:
2.9$ + 30c
Square's Card Present Rate for an American Express is this.
2.6% + 10c
What information will Square automatically record/collect for merchants when a customer swipes their card and receives a digital receipt? Why is this important for merchants??
40 datapoints - customer name, email, buying history, average ticket size, most bought items, etc. --marketing purposes, data insight into their best customers, most popular items, etc.
Square Standard Point of Sale costs this much per month
$0
Square Appointments costs this much for up 2-5 employees
$50/month
T or F - a merchant can setup recurring billing through automated invoicing through SQ
True!
When someone refers to something as a "sidecar" or a "processing only" opportunity - what does that mean, and what would merchant pay monthly for their POS system?
only using us for processing - rate focused, no need for features // $0
Costs of Good sold reporting is this. Is it included with Square for Retail+?
tracks the "spread" between the merchant's cost and the cost of the item sold. (tracks profit margin pretty much).
$1.50 + processing
automated text/email reminders to customers, requiring payment upfront, cancellation policy, cancellation charges
How would a customer issue a reoccuring automated monthly charge.
card-on-file!
Square offers shipping solutions through Square Online. How would a merchant handle printing labels
Automatically thru Square Online!
partner - Cuboh, Chowly, any order aggregator
T or F: Square Appointments has group booking capabilities - i.e. - book many different customers for one appointment (think workout classes)
FALSE
What is processing rate for a card-on-file payment?
3.5% + 15c
MATH - if a merchant is paying 3% on 100k/monthly on 1 transaction, about how much money would we save them
$400 (100,000 x .03) (100,000 x.026)
What is the standard CP processing rate for a merchant that pays for RTL+?
2.5% + 10c
Name the 3 major types of printers.
Network (LAN), USB, bluetooth
Who is our Appointment PSS? Should you book time with her, if interested in learning more about appointments?
Sarah Dobbs, yes
What are 3 ways merchants can record/receive a payment thru invoice.
cash, check, ACH, CC
What does PCI stand for?
Payment Card Industry