Square POS vs Verifone Point

• Mobile transactions (not like from a phone, but in terms of the ability to physically relocate rapidly).
• Simple setup.
• Generally uncomplicated pricing.
• Widespread customer familiarity: because it's so regularly in use in our industry (musicians/entertainment professionals), people know and trust it in a way that you might not with a different provider.

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• Knowledge and experience: Point supports many businesses with many VeriFone terminals throughout the country. Therefore, they have much experience with the hardware.
• Availability: When calling for support, it is rare to not get a response from a human. Some calls are answered after only minutes of hold time, others can take much longer, but a human is almost always available.

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• Too much going on for simple users. There are so many different apps and pages now that I get lost almost every time I log onto Square
• The high percentage of fees taken from sales
• The difficulty in changing default settings
• The layout of the “website” you can create is truly a nightmare

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• Bureaucracy: Since this is the payment industry and a very large company, they move slower than an iceberg with most projects, including ordering new terminals or adding new features.
• Availability of project support: Aside hardware troubleshooting, it often feels very difficult to get help from Point support for things like opening a new location, adding a feature, or making other changes requiring any level of planning.
• Inconsistent support staff: One issue may be handled very differently by different support staff. We often work with somebody for hours on one issue only to call back later and have the same issue solved in minutes by a different person.

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• The opportunity cost of waiting for payments and manually bringing them to a bank means that we don't have to visit our bank branch. That alone saves us several hours each month.
• We can use ordinary computers and mobile devices with Square instead of paying for expensive software or terminals.
• Our clients appreciate not having to process payments to us, and anything that helps our clients and makes them happy carries more import than I can explain in this space.

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• No in house staffing: Since VeriFone Point handles our Verifone hardware support, we do not need to pay our own staff for advanced device management.
• No in house support tools: We don't need to pay for costly support tools since VeriFone Point handles them on a case by case basis.

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