I was going to try this out until I realized Square asks for your Tax ID AND SS#. The reason Square gives for asking for your sensitive information is not true. I have a merchant account with my bank as well as Paynet Systems (another mobile CC payment provider), I was not required to give my SS#, nor my Tax ID.
@scorpeo Square's reason isn't false at all—it's true and absolutely standard in the card processing industry.
A merchant account is effectively an unlimited credit line. As a result, most companies won't open an account without running a credit check. Hence the Tax ID, and in many cases, a personal guaranty (and thus an SS#) to go with it.
Following the commercial success (and technical disappointment) of the original Wildfire -- which featured a miserly 528MHz CPU and QVGA display -- HTC has returned with the Wildfire S.
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I was going to try this out until I realized Square asks for your Tax ID AND SS#. The reason Square gives for asking for your sensitive information is not true. I have a merchant account with my bank as well as Paynet Systems (another mobile CC payment provider), I was not required to give my SS#, nor my Tax ID.
@scorpeo
Weird, I didn't have to give up either my SSN or a Tax ID, then again I signed up as an individual and not as a business.
@chaoscentral, you're required to provide your SS# for individual as well.
@scorpeo Square's reason isn't false at all—it's true and absolutely standard in the card processing industry.
A merchant account is effectively an unlimited credit line. As a result, most companies won't open an account without running a credit check. Hence the Tax ID, and in many cases, a personal guaranty (and thus an SS#) to go with it.