I will start off with if you switched to Square for any reason, you are not protected and you have made a grave mistake.
If you process high dollar amount product and have proof of delivery, you are still not safe from chargebacks from Square. I had a few chargebacks that were not justified (people just trying to reverse charges for shipping). Giving Square the terms of our site, proof of delivery and every documentation needed to show we did everything legally they held our funds. They went past the 30-60 days and then stated "I HAVE BEATEN THE CHARGEBACK BUT THEY ARE STILL GOING TO HOLD THE FUNDS FOR ANOTHER 60-90 DAYS IN THE EVENT THEY FILE ANOTHER CHARGE BACK AGAIN! How can they do that and go against their terms of service. I will be filing a complaint through BBB and IC3 for this financial scam they are pulling.
SQUAREUP / SQUARE CREDIT CARD PROCESSING REVIEW: SCAM, NO MERCHANT PROTECTION, JUST LIKE PAYPAL IN MOST BUSINESS PRACTICES.
DO NOT USE THIS CREDIT CARD PROCESSING. YOU WILL NOT BE PROTECTED!!!!
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