Square Credit Card Reader
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Do you have to meet any special financial banking requirements or personal credit ratings to do this?
- Asked by Rick N from Boulder
- Jun 23, 2011
2 Answers from the Community
I asked Square technical support this question and received the following response: "We do not perform a credit check when you first sign up for Square. We simply take the personal information you provide and run it through a database to verify your identity. We do require that you add a transactional bank to your Square account. We require a transactional account in the case of refunds or chargebacks, and cannot input funds on electronic/online accounts, or rechargeable bank cards."
Hope this helps!
- Answered by Nathan S from Dallas
- Jun 25, 2011
- Answered by Robert R from Bremen
- Oct 4, 2011