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Pretty cool, but it's definitely a gamble for a small business that doesn't have proven revenue yet: - At $10k / month $275 is 2.75% - At $5k / month $275 is
by tehwebguy 14y ago
Pretty cool, but it's definitely a gamble for a small business that doesn't have proven revenue yet:
- At $10k / month $275 is 2.75%
- At $5k / month $275 is 5.5%
- At $2500 / month $275 is 11%
It doesn't say if there's a commitment or if there's a way to switch back and forth depending on volume.
- ConstantineXVI 14y agoQuoth the page: > "we’ll bill you $275 on the first of each month. Change pricing plans at anytime from Square Dashboard." So no commitment. If your volume drops too low, seems you can just drop back to their usual rates. And since their "overage" rate is just the standard rate, there's no reason not to do it if your volume's higher than their cap ($250K/yr, max $400/swipe).
- tehwebguy 14y agoAh thanks, didn't see that!