Square at the momentthat it has up to date its unique loose Square Reader for Magstripe with a brand new Lightning connector, so dealers with the iPhone 7 and above isn’t going to wish to use an adapter to simply settle for bills from consumers.
Prior to the Lighting connector replace, the Square Reader plugged into the headphone jack on a tool. Square shoppers with the iPhone 7 or later had been required to make use of an adapter with the Square Reader as Apple eradicated the headphone jack beginning with the iPhone 7.
Square may be introducing give a boost to for the usage of the unique Square Reader with a pc the usage of the . This setup may be very perfect for dealers who do the vast majority of their trade at the computer, and the device is suitable with Apple’s Macs and Chromebooks.
According to Square, shoppers will wish to plug the Square reader for Magstripe into the headphone jack on a pc after which open up the Virtual Terminal to start out out out accepting bills by means of computer.
Transactions made by means of the brand new Square Reader with Lightning or the Square Reader used with a pc incur a 2.75 % worth consistent with swipe for Visa, Mastercard, Discover, and American Express. Manually entered computer bills incur a value of 3.5 % plus 15 cents.
The Square Reader for Magstripe with the brand new Lightning connector is to be hadfor $10 or loose for eligible traders.
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