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Store & Forward Credit Card Processing


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If this sounds like pay it forward well its not exactly like that.It's pay yourself forward.

For those who process credit cards it means that when you cannot access your server (due to signal loss)you can still swipe cards and later download the info when the connection is good.

For many decades now this was only done with wireless credit card machines that charged a lot of monthly fees-Now you can do it on your smart phone.

This is big news and it works well.

say your phone is in a NO service area (some of you city folks may not know this exists) this means the connection is so poor the phone cannot send the data.You still may be able to talk but the credit info say on the square reader is stuck in spin mode.

With the square reader you can now go into your account and put it on store forward and that means you can take acards and when you get into a better area connection wise it sends the data and you are paid.

Now I should metion that this comes at some risk as the cards cannot be verified so you could take a bad card and it will be your loss.

You can now do this with the square and a smart phone-other readers should fall into line soon.

Happy swiping.

Mark

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I have not entered the world of sales but as a customer I love the simplicity of the Square. In the rural area I am in the connections can be non-existent so the "forward/later" factor is a win-win for both parties in the transaction. It irks me when sellers will only take cash-I don't want their philosophy (or tax evasion LOL) creating a barrier to my desire to not carry cash and my preference to use my card. Every time someone says "cash only", I just tell them they not only lost my sale, but probably lost out on a lot more since many people are too squeamish-or just can't be bothered-to say anything about it. Then I suggest they check out the Square that Mr. Seller two booths over is using. And lo and behold, sometimes I go back a few weeks later and get to buy something with my card from Ms. Formerly Cash Only.  :)

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