Do you have to meet any special financial banking requirements or personal credit ratings to do this?

Square Credit Card Reader

Square Credit Card Reader

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2 Answers from the Community

  • Best Answer:

    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!

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