What Are the Differences Between a Square Credit Card Account and a Merchant Account?

Square says customer support is very important to them and you can expect to hear back from them within a few hours, and always within 24 hours.
However, you have to send a message to them and you can expect to hear back from them within a few hours, and always within 24 hours. The draw to the Square seems to be its flat price of 2.75 or 3.50 percent and no monthly fees. So who does that benefit?

The Square has become the hot commodity sold and marketed by national retailers such as Starbucks. I believe that every product and service marketed has a specific need that it benefits and the same applies to the Square. The draw to the Square seems to be its flat price of 2.75 or 3.50 percent and no monthly fees. So who does that benefit? It benefits those who have smaller average tickets up to a certain volume point, those who run transactions on a sporadic basis, or even those that limit processing to a month or two of the year. Is this you?

Square says their card-processing systems adhere to PCI Data Security Standard Level1. They give many examples of the lengths they go from regularly installed security update patches to the monitoring of their severs.
They too prohibit the storage of card numbers, magnetic stripe data and security codes.
But here too, no one will talk about who holds the bottom end liability in the case of a breech. Is this really safe enough for your customers, your credibility?

What are the differences between a Square credit card account and a merchant account?
Square says customer support is very important to them and you can expect to hear back from them within a few hours, and always within 24 hours.
However, you have to send a message to them and you can expect to hear back from them within a few hours, and always within 24 hours.

TransAct will assign you a dedicated account manager. Your account manager has banking experience. They will return your phone call promptly, AND you have access to the President, MaryAnn Robinson

-With Square you do not have an actual underwritten merchant account you have a square account, which appears very similar to the pay pal model.
-Funding limitations in certain instances as notated on their website
-Fees are taken out of every transaction

Your product /service and way of doing business is uniquely yours. It is what makes you stand above and beyond the competition. At TransAct we pride ourselves on offering the most individually customized credit card services available. With TransAct you will experience the benefit of not only having a dedicated personal account manager who can take your calls personally and return them promptly, but also the President of TransAct available and dedicated to every customer. Your reputation is everything, as is ours. That is why we go above and beyond our competition with our security measures. Bad things can happen to good people, but you can rest easier knowing you have a dedicated account manager in your corner watching your back and your bottom line.