To add to this subject and mention new information, a law suit was filed recently by the Attorney General of New York. Read more on the link provide below. The company involved is Northern Leasing Systems. This is just one company involved in this “leasing” industry. In the complaint it mentioned deceptive sales practices, which I have heard about from business owners.
Don’t Get “Squared” by Square Up
I am noticing more and more merchant using Square for processing their credit cards. On the surface Square may seem like a good option and for some it maybe. If you are just starting out and not sure how well your new business my take off and depending on what you are selling or services of your new business, perhaps it is a good option. For example, right now it is more of a hobby that a thriving business. Square might be a good option.
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