If you’ve saved a customer’s card details in the system, you can pick that for the payment, or start a recurring payment if charging for a subscription or ongoing service. It is also possible to record the payment in cash, gift card or other tenders, and split the transaction into different payment methods.
Square really has lowered the threshold for getting started with payments, whether it’s for the point of sale, invoicing, ecommerce or in this case a virtual terminal. With a Square account, you can take payments in any of these ways for a fixed percentage rate. There is no requirement to submit PCI documentation with Square, but they do expect you to follow general safety check recommendations in line with PCI regulations.
Best for: Small, new or seasonal businesses needing an easy, not-committing option for remote payments.