Square offers nice round number with flat-fee plan
Square launched a flat-rate monthly fee today for small-business owners, turning the credit card industry on its head again.
Merchants who process up to $250,000 in customer payments per year using the card reader can pay a monthly rate of $275, instead of 2.75 percent per swipe, according to a press release from Square. The monthly fee includes the usual Square perks -- no additional fees and no contract.
Square -- known for its small, square card reader that can be plugged into mobile devices to create an instant credit card machine -- said it is "leveling … Read more