Who's buying?

For those of you that don't use them, they are doing an IPO soon and sent me an offer to buy some. I assume everyone who uses them got the same offer.

I didn't

I did

Square is an anti-rights company. No guns, gun parts or ammunition sales allowed. Their policy also says "other devices designed to cause physical injury". You can probably guess how they might interpret that regarding this group. I won't buy or use their products.

Never heard of them. What do they do?

I think they try to make everything square. We never bothered to investigate their company as a potential credit card source for the

reasons 10bands stated.

10bands, please give a link or a section on there website where I can find the info you stated about types of sales.

Thanks
Kurt Temple

Square worked great for us and if I was a betting man their IPO would be worth buying.

If your politics relative to what you find documented on them pans out. Frankly many times
we hear about certain companies being anti gun or anti hunting, trapping etc.... While others
we buy from or support are doing the same yet are hiding it better.... Personally I haven't got
the time or interest to fact check everyone I buy from though I understand wanting to not support those
who support issues that are against your beliefs or concerns....

Just remember many hide how they contribute and are far worse than those you know about..

•Sales of (i) firearms, firearm parts or hardware, and ammunition; or (ii) weapons and other devices designed to cause physical injury https://squareup.com/help/us/en/article/5089-prohibited-goods-and-services-with-square-register

I also dropped them. Rather use a company smart enough to hide their political beliefs ESPECIALLY when it pertains to hindering constitutional rights. Guess it is just the vet in me:) BTW happy Veterans day .

Yeah, they aren't real shy about their feelings on firearms so I sort of took that as a hint that they wouldn't shed a lot of tears

if they didn't get our business. They don't say anything about heroin or cocaine so maybe they do a lot of drug business to make up

for any losses.

If not Square, who do you use other then your bank?

Kurt Temple

IPO are usually the place to make money for the first day, got to be ready for it though. Could be good from a financial standpoint. Do you know what they are starting at?

We use Costco's credit card machine and Elavon does the processing. All cards are called into the office or taken on the phone at

time of service. This actually works the most efficiently for us. Ten of us morons running around with sliders would be a nightmare.

Asking a past customer if we should put the bill on their credit card is a convenience for both of us.

Thanks for posting the link RF.

Here's some info on an alternative. Link to the whole article.

way to go ourphoneswipe .we need more companys like this one in the great u.s.a

Kurt,

When we started we used square, we also used paypal for a non profit thing we were doing (not sure what their firearms politics are), both were equal to each other in user fees, both give a free swiper, both have a simple app for the phone, both deposited in reasonable time frames.

Wink, with Costco do you pay a higher rate to enter the clients card manually? With others you always pay a bit more to do manually (security issues I suppose?) than in person swipes.

We had to move to a bank due to third party issues (square and paypal aren't banking institutions but third party which is fine for residential but govt. users have restrictions on this for govt. cards for projects we were doing so we moved to BOA which is costly, has a monthly fee, still just a swiper and an app, simple to use, but the fees!

Checking into another mentioned recently to see if it fits my govt. needs and if so, I'm on the move...

Square is being used widely, and the bulk of businesses and owners (other than those selling or marketing firearms) care about quality customer service, the costs and the product working and putting money in the bank, I don't buy stock but may just watch this for the fun of it, these folks likely are competing with many we haven't heard of and they made it to a very visible presence so I'd say though I'm sure they have losses from folks who have a high priority on gun control politics in our country, square is still one of the biggest kids on the block for ease of use and turnkey for entrepreneurs.

I'd be very careful of it ...


During the first six months of 2015, Square earned $560.6 million in revenue, up 51% from the same period in 2014. However, the firm posted a loss of $77.6 million and openly admitted it may never achieve profitability.

“Our business has generated net losses, and we intend to continue to invest substantially in our business,” the filing said. “Thus, we may not achieve or maintain profitability.”

Dorsey and other members of Square’s senior management will give presentations to investors as they start their IPO roadshow next week.

I don't mind the risk and these things usually turn out OK, even if you have to wait a while. But reading that prospectus just reminds me of why I dislike the stock market. No control, they can create and sell more shares whenever they want, diluting yours. You aren't buying voting shares, those are reserved for others. The game is definitely stacked in their favor.

Thanks Aaron. Yep, this certainly sounds like something I'd be dumb enough to invest in. I have a retirement community in Mexico that

I invested a bundle of money in a few years ago. The FBI promises to keep me informed as to how the trial is going. If you're going to

steal all the money, shouldn't you have a plan to make a clean get-away? It sounds like everyone involved got caught and is going on

trial. It doesn't make me feel any better knowing that my investment money is now being used for defense attorneys.

Justin, I asked my wife your question about manual entry verses sliders. She said she doesn't think our system had sliders and that

she and P J discussed using them. After figuring out the cost of 10 sliders and the cost of replacing them, they decided that we

would probably be just as well off doing what we are doing. As long as the Mrs. is happy, everyone is happy!