Android market 'hidden' costs - Android General

Not sure if this is the right area to post this or if it been posted before, but was just wondering on other opinions of googles hidden costs when buying apps off the market.
Not sure if this only happens in certain countries but I am in the uk and when I buy an app that is priced in euro's there is a 'hidden' £1.50 charge applied to my card, so a $1 app really costs about £2.30. So if I buy 10 apps, google make £15 quid off me!
I feel this is totally unfair and am wondering of the legalities of not even warning about this charge when you buy the app?
And also it does not seem fair that google are making money off the hard work of developers, I know they get a share of the price but then they also get the extra 'card charge'.....the word ripoff springs to mind here!

I live in the states and I haven't experienced this, perhaps it has something to do with the conversion rate?

rosso22 said:
Not sure if this is the right area to post this or if it been posted before, but was just wondering on other opinions of googles hidden costs when buying apps off the market.
Not sure if this only happens in certain countries but I am in the uk and when I buy an app that is priced in euro's there is a 'hidden' £1.50 charge applied to my card, so a $1 app really costs about £2.30. So if I buy 10 apps, google make £15 quid off me!
I feel this is totally unfair and am wondering of the legalities of not even warning about this charge when you buy the app?
And also it does not seem fair that google are making money off the hard work of developers, I know they get a share of the price but then they also get the extra 'card charge'.....the word ripoff springs to mind here!
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Click to collapse
I don't think it is like that. Other people will confirm, but I guess it may be some thing with your credit card or bank, as I believe this does not happen to almost anyone.

antonio1475 said:
I don't think it is like that. Other people will confirm, but I guess it may be some thing with your credit card or bank, as I believe this does not happen to almost anyone.
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Click to collapse
Well it happens to me whenever I buy an app that is in euros, on two different bank cards with different banks, and the money goes to google as it says it on the statement next to the charge.
what I'm getting at is even if it does only happen to a small amount of people (or even just myself), does it make it any less unfair to not warn of this?
And some may say well just buy apps that are in £'s but then I would be missing out on a hell of a lot of apps

rosso22 said:
Well it happens to me whenever I buy an app that is in euros, on two different bank cards with different banks, and the money goes to google as it says it on the statement next to the charge.
what I'm getting at is even if it does only happen to a small amount of people (or even just myself), does it make it any less unfair to not warn of this?
And some may say well just buy apps that are in £'s but then I would be missing out on a hell of a lot of apps
Click to expand...
Click to collapse
I think it just fits to your problem:
http://www.techeye.net/mobile/android-apps-conceal-hidden-charges

antonio1475 said:
I think it just fits to your problem:
http://www.techeye.net/mobile/android-apps-conceal-hidden-charges
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Click to collapse
Thanks for that, explains a lot, I think google should definitely start showing the true price of apps before you buy them, and warn of any charges you may incur....Is it any wonder that people use cracked apps!

To be honest, I hadn't noticed that VAT wasn't included in the prices, I just presumed they had it set up so that your local VAT rate was included (wouldn't be hard to do).
As for the £1.50 charge, that's down to your bank to inform you of it, which I bet they did, but you (like the rest of us) just never got round to reading the small print in the bumf that came with our accounts.

dbzfanatic said:
I live in the states and I haven't experienced this, perhaps it has something to do with the conversion rate?
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Same here. Never seen such a thing. (Also in the states.)

dgalanter said:
Same here. Never seen such a thing. (Also in the states.)
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Click to collapse
Yeah probably a UK thing....they are always finding ways to sting us for more money here

It'll be your bank's handling charge for exchanging £ to €
The same as if you jumped on the ferry and bought a bottle of wine with your bank card rather than cash.
If you don't think your account should incur charges for non £ transactions (ie you're sure it says you won't be charged in your terms and conditions), then contact you bank and complain.
Demand the refund of £1.50 (was VAT added to the charge? I suspect it was so add an extra 20%) and £10 as compensation for their mistake.

xaccers said:
It'll be your bank's handling charge for exchanging £ to €
The same as if you jumped on the ferry and bought a bottle of wine with your bank card rather than cash.
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Click to collapse
I'll just pay with with coins next time then eh?........now where's the coin slot on my phone?
And getting charges back from a UK bank......dont make me laugh

thanks for the info

rosso22 said:
I'll just pay with with coins next time then eh?........now where's the coin slot on my phone?
And getting charges back from a UK bank......dont make me laugh
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Click to collapse
Email the developer and ask if you can post them some dosh
If your terms and conditions state that there is no charge for foreign transactions, then under the banking rules you're entitiled to those charges back.
Quite often a polite phone call even when the charges are valid can result in them being refunded.
I've had overdraft charges refunded simply because I phoned up and had a bit of joke with the person in the call centre, they have a thankless job putting up with customers abusing them for mistakes the poor sods aren't responsible for, if you can make one of their's day, they can give in to resonable requests.
Like when O2 barred my phone without warning me because my bank screwed up my direct debit. 4 days after making a manual payment the bar still hadn't lifted, so I got through to a west indian woman and while she was looking into it I said "I just wanna use my phone" in a jokey way, she laughed and sorted it and credited me £15.
Maybe with Google's plan for a web based marketstore they'll be the option to add apps to your basket and pay in one go, so only 1 charge, doubt it though.

I still cannot believe they have not sorted this. The majority of UK debit cards will charge £1 - £1.50 for every transaction, meaning that I (and surely thousands of others) have completely avoided buying budget apps as it just makes them too expensive.
There has been some talk of a paypal or charge through your phone provider option, but no sign of either in the UK yet.
There are a couple of accounts and credit cards that don't charge a set fee, often credit cards have say a 2.5% charge on conversions that's perfectly acceptable for small purchases ... well a lot better than £1.50!

Another person from the states here, and i've never encountered something like this

lol, it's not a big deal. Although i did find out unexpectedly

I hope with carrier billing will come to the rest of the civilized world, until then you have to deal with your local financial laws and jump through hoops.

I have been getting similar. Frustrating and hard to get around without calling the bank to check their daily forex rate and having their list of card charges handy before calculating the actual price manually. Seems a PITB for a $2 app

Im from Mexico and I experienced something similar, I just bought one of the 10 cents Apps and I got the notification of two charges, both from Google, one for the 10 cents and one for $1 US. I know its not my bank, because I've used my card on a recent trip to the US and my bank didnt apply any extra charges, besides on the detail of the transaction it says GOOGLE GOOGLE.COM/CHCA US for the extra...
Any news from google on that?

$0.10 apps really only cost $0.10 for me in Canada

Related

Did anyone buy from chinamobile?

Hello everyone,
I found a man called Kenny Taylor that sells phones,and I compared prices,
he`s prices are ridiculously low,
he`s saying that he works at chinamobile as a sales rep,
though I really couldn`t find any information about him or about phones in the site,I could manage to see only blackberry`s there.
He claims that the phones are brand new,in original box and with all accessories and they are not china clones.
He`s quotes for the phones I wanted -
iPhone 3GS 16GB (unlocked) - 300$
iPhone 3GS 32GB (unlocked) - 350$
HTC Hero - 250$
HTC Nexus one - 230$
International shipping via Fedex/USPS - 60$.
The prices here are 300$ less than the MSRP,and I don`t know if I should buy from him - maybe it`s a scam or something.
If anyone knows the person/company,and did buy from one of them - it would be nice to hear about that.
*if the thread is not in the right section of the forum,it would be nice if you could move it to the correct one*
**this thread is not about advertising the company/the guy,just for information matters**
Lots of thanks,
Danny.
100% SCAM!! Those prices are ludicrous, no way in hell are those real, most likely you will get nothing at all. and FYI, mobiles and pretty much all electronics are more expensive in China than in the US, and China Mobile shops are the MOST expensive places. STAY AWAY!
Thank you mlalahoi, actually I was going to buy the nexus one from him,
knew I should ask in here first.
Quick update -
I have got an answer from the company,I have to say that it sounds very believable..
Thanks for your mail.
This person that you are talking about i don't no him but he can be a
scammer too that want to you buy from him...
So i will advice you to buy from us to try and have believe in the
company...we no that there is alot of scam out there.
We are not scam we are real company that as been in business for more
then 8 years now...once we confirm your payment we are going to ship
the phone to you at your home address.
The reason the price is so low is the we buy direct from the company
that product the phone in bulks and right now we are running promo in
the company for buy 3units and get 1 for free.
So if you are going to buy the Htc Nexus one only the payment is via
western union not paypa...because is too low for the payment
condition.
Below is the condition about that payment
Any orders form $100usd to $3000usd=== via western union.
Any orders form $3000usd to $4500usd=== via bank transfer.
Any order form $4500usd above is via paypal.
So you are going to pay the money via western union money transfer.
So get back with your shipping address information so that we can
started packing and label your order ready for shipment.
Regards
Sale Rep.
Click to expand...
Click to collapse
dany74q said:
Quick update -
I have got an answer from the company,I have to say that it sounds very believable..
Click to expand...
Click to collapse
That's not believable at all if you know what to look for. First, the grammar and spelling is atrocious. Any real company would take the time to actually write their correspondence letters in a professional manner. Secondly, a legitimate, respectable company would never use Western Union to transfer money, no matter the amount. Every money transfer scam I've ever seen uses Western Union, since it's not traceable or reversable. I would not buy from any seller selling new devices at those rediculous prices; even if bought at wholesale prices, they would lose a lot of money selling that cheap. My advice is to stick with a reputable seller so you don't end up losing a few hundred dollars and not get anything in return, as I can guarantee you won't get what you order from these people.
Thank you for your answer Dave,I`ll stay away.
Once again - thank you all for your time.
dany74q said:
Thank you for your answer Dave,I`ll stay away.
Once again - thank you all for your time.
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Click to collapse
It's not that bad, heh, but there are a few things you should keep in mind:
do not buy "genuine" stuff from China, either you're gonna get a fake or worse: nothing
go with established stores like DealExtreme or FocalPrice
use only PayPal, only scammers use Western Union
engrish is somewhat the norm, even with bigger stores :/
if you're getting a phone from there, choose one which has been properly reviewed, DealExtreme is very good in that regard as they have a very active forum and users , so you know what are you buying
If she reaches for a handful you'd better have the energy!

£1.50 bank charge on every app.

Not seen too many people moan about this, but when buy a app thats in
$ , halifax seem to charge me £1.50, this is so stupid specially when think buying app for $0.99, about 60p, nearly 300% increase going to my bank!
Is there not something google can do about this! maybe convert it themselves, take a 10% fee, (better then 300 aye).
Just has put me right off buying apps nowing im paying £1.50 ontop of what the app is.
I can't recall the source, but a few days ago I read that the market place will eventually accept paypal as a means of payment. This will avoid these damned charges as they do the conversion themselves. No eta however.

[Q] No Nexus S for me

[Mods - i hope this is the right forum to post this..sorry if it isn't]
That's it folks ... I guess there is no gingerbread+nexus S love coming my way :'(
I've been dying to get this phone since the day it released... ESPECIALLY because it's such great value for money ..
BUT - I'm in Dubai ...and it wud cost me a total of about $700+ to get this mean boy shipped safely to me
[$530+$5 case + $45 sales tax + ~$120 shipping]
Does ANYBODY know a better way to get it here?
I don't want to buy it off ebay or somewhere else, because I want someone i trust to 'test' the device for problems (and exchange it if needed) before shipping it here...
Help anyone?
[and please don't beat me up for asking!]
They are cheaper here in canada
Sent from my X10i using XDA App
They'll be in Italy soon, closer than America, plus the Italian version will have 720p and a Super LCD.
Interesting ....
I have an iPhone 3g now ..and it's nearly dead [literally]
i see it choke every few minutes ... so I'm slowly preparing to put it back in its original packaging and bury it somewhere..
I can keep waiting till a European one comes about .. but from the articles I've read, i think the reduced shipping cost wud be offset by a higher up-front (529 Euros) price
Till then i'll keep praying my iPhone survives...
@the_ahmadzais: I was under the impression that it hasn't been released anywhere BUT US and UK till now? I couldn't find any google hits that talked of a Canada release, but i probably am wrong..
still ..is there a subtantial diff in prices?
it's mainly the shipping cost that is killing me ... 120$ !! [that + taxes count for 25% of the total bill to get it here!
*ouch* ]
It's been my observation that it's common practice for sellers to overcharge for shipping. Basic one-week shipping to Dubai from the United States via USPS is about half that. Of course, if you want to use a specific carrier (UPS, FedEx, et cetera) or add extra services, it costs more. But honestly, most of that stuff is just a way for the parcel service to squeeze more money out of you. I've been selling and buying online for years, and I've yet to have a package lost or grossly mishandled. If anything's been broken in transit, it was because the seller did a crappy job packaging it. Also, state sales taxes vary. Here in Oregon, there is no sales tax. So the break even point for buying and shipping a Nexus S for me would be roughly $590. Even in states with the highest sales taxes, that only goes up by about $50. So if you're buying from the U.S.- unless you're insisting either on super express shipping (less than a week) or some form of package insurance which would add to the cost- I would consider anything above $650 at most to be pure seller profit.
This non-availability is an android bug imho
abhilashraj said:
[Mods - i hope this is the right forum to post this..sorry if it isn't]
That's it folks ... I guess there is no gingerbread+nexus S love coming my way :'(
(...)
Does ANYBODY know a better way to get it here?
[and please don't beat me up for asking!]
Click to expand...
Click to collapse
This wouldn't be no problem if the gingerbread reference phone was available as developer phone. Obviously google refuses to notice that there are android developers outside the USA.
This issue already has been reported as a bug. Star it. ;-)
Ya basically the ups shipping is expensive and the phone is 500 at some local stores Asian dealers. Its coming to all Canadian providers on March.
Sent from my X10i using XDA App
Abilash, I understand the feeling ... frustration. I was in the same boat as you ... think you even commented about it.
I got a friend to buy it (am in Kuwait). Initially I thought I'd make the payment through paypal and get it shipped to him. On trying to complete the process, paypal through up a message saying that my paypal location does not allow shipping to the desired location (US - CA) and therefore payment cannot be completed :-s whatever that meant.
Anyway, my friend ran a quick check ... nothing detailed (checked for bad screen issues, loose volume controls and back button problem), but it back in the box and shipped it to an Aramex mailbox address in New York. Cost him $16.90 including insurance.
The item has yet to reach the address, but one its there, I understand Aramex will automatically ship it to the Kuwait address of the holder of that box. Again, I understand that the shipment cost to Kuwait should be about KD.5 or 6 (about $18/-) plus a possible customs tax of KD.3 or 4 (about $13/-).
You could either find some friend that has this box already or may prefer to apply for a box if you intend to do a lot of purchase from the US.
http://www.aramex.com/shopandship/default.aspx
zachthemaster said:
They'll be in Italy soon, closer than America, plus the Italian version will have 720p and a Super LCD.
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Click to collapse
Where has this been confirmed? If a new version comes out with 720p I'm gonna be an unhappy customer.
mr mystery said:
Where has this been confirmed? If a new version comes out with 720p I'm gonna be an unhappy customer.
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Click to collapse
Super Clear LCD has been confirmed, but 720p was just a mistake: some idiot thought that 720x480 is 720p, and if only one person says it, it goes around the internet in no time.
There is a possibility that 720p video recording will come to the Nexus S in the future. Some say it can be done with an update...
Finally getting somewhere with the shipping issue
Really nice to see people offering their two cents..
thank you!
@zorak - the massive addition causing the price to jump beyond the $650 mark is only the shipping cost @120 ... I am using fedex's/ups' online estimate tools to approximate shipping cost... I understand that the estimates wud be off by a bit vs. the actual cost... but I doubt it would be a a $50 drop ...probably a $10 drop ..
i will ask my friend to check if they have other/slower delivery options costing lesser though (the online estimate only shows 'speedy' trnfrs...
@Paparasee: opening that aramex box idea was something i DID NOT know of!
even after adding the initial setup fee of $35 to the $16.90 (shipping to new york) and $31 (shipping to Kuwait) ..the total cost STILL works out to be cheaper than the 120 that fedex and UPS are asking for
how has your experience been so far with the Aramex box? i.e. my packages/the phone wouldn't be lost in transit yea?
on another note-- my brother and I have been putting off amazon purchases SOLELY because of shipping costs .. I didn't know such a thing existed !
the_ahmadzais said:
They are cheaper here in canada
Sent from my X10i using XDA App
Click to expand...
Click to collapse
shipping from Canada to Dubai will be equally as expensive than shipping it from USA
besides the Canadian version of the SNS is not out until March
zachthemaster said:
They'll be in Italy soon, closer than America, plus the Italian version will have 720p and a Super LCD.
Click to expand...
Click to collapse
i'll not choose a SLCD it's not comparable to SAMOLED
i've played with the SLCD from the next HTC phones, and they are not lively, it lacks the vivid display of the SAMOLED
so if the buyer wants a SAMOLED display, it'll need to purchase the America version, UK version is also SAMOLED
if they don't mind the low quality of the SLCD then they can buy the Euro version with SLCD
abhilashraj said:
the massive addition causing the price to jump beyond the $650 mark is only the shipping cost @120 ... I am using fedex's/ups' online estimate tools to approximate shipping cost... I understand that the estimates wud be off by a bit vs. the actual cost... but I doubt it would be a a $50 drop ...probably a $10 drop ..
Click to expand...
Click to collapse
The only reason to use UPS or FedEx is if the postal service in either the sending or receiving country is corrupt or dysfunctional. Shipping via the postal service will get your package to its destination in only a few more days and for literally half or less the cost. UPS and FedEx are ripoffs.
abhilashraj said:
@Paparasee: opening that aramex box idea was something i DID NOT know of!
even after adding the initial setup fee of $35 to the $16.90 (shipping to new york) and $31 (shipping to Kuwait) ..the total cost STILL works out to be cheaper than the 120 that fedex and UPS are asking for
how has your experience been so far with the Aramex box? i.e. my packages/the phone wouldn't be lost in transit yea?
on another note-- my brother and I have been putting off amazon purchases SOLELY because of shipping costs .. I didn't know such a thing existed !
Click to expand...
Click to collapse
Experience ... well, can't tell you yet cause the package will probably reach my friends box today or tomorrow (saved $35 since my friend has one already ). But, my friend has been using his box for ages ... no problems, no lost stuff. As soon as the "stuff" hits your box, you'll get an email notifying you of movement in your box. From then on, you have a tracking number to follow up on.
Forgot to add ... it was distortedloop that advised me to "buy the extra insurance coverage" when opting to use the US postal service for shipping to NY. ... thanks again distortedloop
Paparasee said:
Experience ... well, can't tell you yet cause the package will probably reach my friends box today or tomorrow (saved $35 since my friend has one already ). But, my friend has been using his box for ages ... no problems, no lost stuff. As soon as the "stuff" hits your box, you'll get an email notifying you of movement in your box. From then on, you have a tracking number to follow up on.
Forgot to add ... it was distortedloop that advised me to "buy the extra insurance coverage" when opting to use the US postal service for shipping to NY. ... thanks again distortedloop
Click to expand...
Click to collapse
Gotcha! Cud u check ur XDA inbox once you get the phone?
I have asked a couple of questions on the Aramex service, that u'd be able to answer once you have their bill
and again . THANK YOU!
Androyed said:
Super Clear LCD has been confirmed, but 720p was just a mistake: some idiot thought that 720x480 is 720p, and if only one person says it, it goes around the internet in no time.
There is a possibility that 720p video recording will come to the Nexus S in the future. Some say it can be done with an update...
Click to expand...
Click to collapse
I thought the Nexus S hardware had a bottleneck in the memory bus that prevented full frame rate 720p recording; at least that was the chatter last month around here.
Paparasee said:
Experience ... well, can't tell you yet cause the package will probably reach my friends box today or tomorrow (saved $35 since my friend has one already ). But, my friend has been using his box for ages ... no problems, no lost stuff. As soon as the "stuff" hits your box, you'll get an email notifying you of movement in your box. From then on, you have a tracking number to follow up on.
Forgot to add ... it was distortedloop that advised me to "buy the extra insurance coverage" when opting to use the US postal service for shipping to NY. ... thanks again distortedloop
Click to expand...
Click to collapse
@Paparasee -- any info on your fone yet?
@abhilashraj ... YEAH!!! I finally got it. My friend dozed of and forgot about the package. He finally brought it to me by about 8.30 or 9pm.
About your queries ...
a) Aramex did not add a separate box nor add anything to the box packed by friend. They just sealed it with their tape.
b) The phone was in its box and that was put into a little bigger box by the Best Buy guys when they shipped it ... I presume that all that ordered it online got it that way cause I saw a video of an unboxing of the NS and that had a similar external box.
c) Not sure about the others, but my friend said that he did put a couple of bubble packs into the box so that there would be no play area for the NS box. This did not add any weight.
d) My friend paid USD.16.90 to ship it from CA to NY (where all Aramex boxes are.
e) Aramex picks up and ships to the final destination only twice a week and hence the delay to get here.
f) Not sure who decided on the weight (whether it was re-weighed or not), but BestBuy had indicated a weight of 1.2lbs when they shipped it to my friend. He probably used the same figure when he shipped it to NY.
g) Aramex used the same figure when they shipped it to Kuwait.
h) Per the Aramex calculator, I was to be charged KD.5.80 for the 1.2Lbs. They charged me 6.800. According to the guy that delivered, if the weight was 1.1Lbs, the charge would only have been KD.4.25/-. That again is their calculator rate plus 1/-.
Yes, its a big relief to have it delivered at that rate ... pretty cheap I would say. The biggest relief though is that I got it
Now for figuring out what is what on my 1st android. Will get used to it and play around in the market with free stuff before I start rooting and the like.
In the meantime, I would require a good office editor and will open a separate thread requesting user opinions!
Cheers & Good luck with your phone.
distortedloop said:
I thought the Nexus S hardware had a bottleneck in the memory bus that prevented full frame rate 720p recording; at least that was the chatter last month around here.
Click to expand...
Click to collapse
Read the entire thread
When the Nexus S was first being reviewed, some places said it had 720p as well. It's reviewers not knowing what they are talking about. The version going to Italy has the same camera.
What about Aramex?
ps : arabic letters not yet connected in 2.3

[Q] Windows phone apps and getting paid

I've written a Windows Phone 7 application to display the Ordnance Survey maps that are loved so much in the UK (I am amazed that no-one else has done this yet). However I was about to shell out the £65 to pay for the app hub and get my app to the marketplace when I started investigating how you actually get paid for the apps that people buy. Apparently if you are not a US developer then you have to start sending over forms e.g. W8BEN form? and even after this the IRS takes another 30% (after MS have taken their 30% share). It also mentions VAT so maybe there is more money taken off after this as well???
Has anyone from outside the US actually got all the paperwork sorted so they got paid? Did you get tax taken off as well? What percentage of the sales do you actually end up with? Is it all worth it?
I don't expect to make much from the app but I would like to think I could recoup my £65 and have enough to buy a couple of beers as well.

Square App - Has anyone used it with their phone????

I'm thinking of using this app for simple transactions and was wondering if there were any drawbacks to using this app.
How does a person sign for the transaction on the app?
doowopmario said:
I'm thinking of using this app for simple transactions and was wondering if there were any drawbacks to using this app.
How does a person sign for the transaction on the app?
Click to expand...
Click to collapse
I had this similar question about Square awhile back. I have since been using it for awhile and am more than satisfied.
Buyers sign the signature box with their finger or a stylus directly on the phone screen.
Only things I've found sort of irking contrary to other users results is I have some issues when swiping. At times it takes multiple swipes to get the card reader to read but eventually works. However, you always have the option of manually entering a card number although it'll cost you a few cents more per transaction.
Thread is here:
http://forum.xda-developers.com/showthread.php?t=1335902&highlight=square
I've been using Square for a few weeks now, and it's great. I don't run a business or anything, but it's nice too have. Even for something simple like going out for lunch at work and then having coworkers pay me back via credit card, it works great.
I processed several thousand dollars worth of transactions at this year's seattle hempfest thanks to square without any issues aside from the previously noted swipe issues... sometimes you have to try several times. not a single hitch even with the huge volume of network traffic in the area during that weekend.
I'd recommend it. I think, without it, it would have been a much less profitable weekend. people were very impressed with how quick and easy it was and the fact that they could be given an OTA receipt immediately after purchasing.
I also like that you can use it on any smartphone with an aux port and the square app without any separate configuration or anything. it just works. very convenient.
if you weigh the convenience factor against the cost factor, I think it's definitely a powerful tool to have if you are a small business owner or someone like myself who occasionally does crafty type stuff to sell on the side. all the equipment you need to process transactions is a little piece of plastic that fits in your pocket? yeah, it's awesome.
The more I hear about this Square tech, the more interested I become. Seeing people who have stories about it's success on such a scale really makes it attractive.
Knowing virtually nothing about it - and my interest being more in how it works then actually using it - is there a cost to entry for an account or do you pay on a per-transaction basis?
All I know about it I've seen here in the MT4GS forums, and I'm sure a simple search would answer a lot of my questions...but no harm in seeing if others want to concentrate info about it here I guess.
If someone feels like going off on a rant about it, you've got at least one attentive reader
Sent from my Bulletproof_Doubleshot using xda premium
Blue6IX said:
Knowing virtually nothing about it - and my interest being more in how it works then actually using it - is there a cost to entry for an account or do you pay on a per-transaction basis?
Click to expand...
Click to collapse
No cost for the account, and they even send you the card reader for free. The only cost is 2.75% per swipe. I don't use it for business stuff, but I've still found lots of uses for it. Everything from (like I said before) going out for lunch at work and paying for it myself, then having coworkers pay be back with their cards, to getting money for random stuff people owe me. For example, I sold an old computer monitor to a friend and he paid me with his card. Works like a charm.
So whether you do 1 transaction a month or a thousand, it's still the same flat fee per swipe.
I've never had a card swipe issue either, but I haven't done as many as those who run businesses with it. Works like a charm.
$2.75 cents per $100 for doing nothing but driving up your bank stock price with lies and then having me bail you out with taxes that can no longer go to my tuition and fees?
The tech is sweet. That 2.75% fee? Not so much.
If you want to charge a convenience fee to reclaim your 2.75% fee for completing the transaction, take the amount owed to you and divide it by .9725 (i.e. 1 - .0275).
For example, if someone pays you 20 bucks, you will only get $19.45 after the 2.75% fee is assessed. To make up for that, take 20 and divide by .9725 and you get $20.57 (rounded to the nearest hundredth).
Now when you charge $20.57 you will get back $20 after the 2.75% fee.

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