Square, Inc. – the up and coming mobile credit card processor for the masses – has decided to make a change to their user agreement today. I’m a gun merchant, so whenever a processor tells me that there’s a change to the user agreement it means my fees are about to go up or I need to find a new processor. In this case, it was the latter. Square has decided to drop all transactions related to firearm and ammunition sales as well as “weapons and other devices designed to cause physical injury,” whatever those may be. I took a quick skim through the language . . .
and I figured it was mostly boilerplate. So naturally, just to be sure, I hit CTRL-F and typed in firearm. Note, the bold sections are my emphasis.
Old Square Seller Agreement:
By creating a Square Account, you also confirm that you will not accept payments in connection with the following businesses or business activities: (1) any illegal activity, (2) buyers or membership clubs, … 23) internet/mail order/telephone order firearm or weapon sales, (24) internet/mail order/telephone order cigarette or tobacco sales,
NEW Square Seller Agreement:
By creating a Square Account, you also confirm that you will not accept payments in connection with the following businesses or business activities: (1) any illegal activity or goods, (2) buyers or membership clubs, … (23) sales of (i) firearms, firearm parts or hardware, and ammunition; or (ii) weapons and other devices designed to cause physical injury
In other words, before the change, Square was happy as a clam to be used for face-to-face firearms sales. But now, they don’t even want to be used if all you’re buying is something as innocuous as a new pair of grips for your 1911. All deals involving firearms are no longer allowed to be processed through Square.
Taking into account the sheer number of gun show vendors who sell knives, ammo and beef jerky (you could put someone’s eye out with that venison stick!), does anyone have ideas for adaptive recycling of all those square readers we can no longer use?