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How could the credit check keep quality high? It's not going to change who I can accept payment from since the payer doesn't have any connection with Square. Sq
by BigZaphod 16y ago
How could the credit check keep quality high? It's not going to change who I can accept payment from since the payer doesn't have any connection with Square. Square isn't lending me any money that I somehow need to pay back when I accept a payment. So... why check my credit again?
- jsiarto 16y agoMy understanding is that they use it to verify your identity and it's also used to set your daily and per-transaction limits. My guess is that this is just fraud prevention and a way Square can keep scammers off their service.