“Let’s spin a little story here: you are an excellent person, therefore you downloaded Square. Your reader arrives, and you immediately want to show it off. You run into the kitchen, where your visiting Aunt Myrtle is busy doing her crossword puzzle.” “You mesmerize her by swiping her credit card through the reader on your phone, jokingly charge her $10,000, and quickly cancel the transaction before it is authorized. Whoops! You just put a hold of $10,000 on her bank account!” “Aunt Myrtle isn’t quite so docile anymore. Thankfully, you didn’t actually charge that money, but nevertheless that hold remains. Now you have an angry aunt, no extra money, and you could have avoided this whole situation (and made a buck) with a simple test swipe of a single dollar.”



















