Loud & Square

BY J. CARLTON COLLINS, CPA

Q: I’m using a Square credit card reader that attaches to my smartphone, but I’m finding that the transactions don’t always go through properly. Is there a certain smartphone or cellular service provider that works better with these devices, or should I be using a different smartphone credit card reader?

A: The solution may be as simple as turning up the volume on your smartphone. The Square Reader (as with similar devices) draws its power from the smartphone’s audio port (standard 3.5mm headphone minijack), but if the smartphone’s volume is too low, the device may not be receiving enough power to work correctly or consistently.

Many smartphone-based credit card readers are on the market; each has different fees and capabilities. This industry is growing fast, and these devices’ plans and features are changing frequently. The brief comparison in this chart may help steer you toward the best option.

 

SPONSORED REPORT

Time to prepare for overtime changes

As an employer, trusted business adviser, or HR professional, you will need to be aware of exemption guidance, record requirements, advice for clients, and typical problems in applying overtime pay.

QUIZ

News quiz: Good news on pay and benefits for accountants

CPAs can find much to like in recent reports, including news that their expertise and skills are in such demand that pay is expected to rise and that their employers value professional certifications.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.