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March vs. Square

What's the Difference?

March and Square are both financial technology companies that provide payment processing solutions for businesses. However, March focuses on providing a comprehensive suite of financial tools for small businesses, including invoicing, expense tracking, and financial reporting. On the other hand, Square is known for its user-friendly point-of-sale system and card reader that allows businesses to accept payments anywhere. While both companies offer innovative solutions for businesses, March caters more towards small businesses looking for a complete financial management platform, while Square is popular among businesses looking for a simple and convenient payment processing solution.

Comparison

March
Photo by Unseen Histories on Unsplash
AttributeMarchSquare
DefinitionA verb meaning to walk with regular and measured tread, typically in a group and in step to music or a beat.A noun meaning a plane figure with four equal straight sides and four right angles.
ShapeN/AQuadrilateral
UsageCommonly used in the context of protests or demonstrations.Commonly used in geometry and architecture.
SymbolismSymbolizes unity, solidarity, and collective action.Symbolizes stability, balance, and order.
Square
Photo by Emile Guillemot on Unsplash

Further Detail

Introduction

March and Square are two popular payment processing companies that offer services to businesses of all sizes. While both companies provide solutions for accepting payments, they have distinct features and attributes that set them apart. In this article, we will compare the key attributes of March and Square to help you determine which one may be the best fit for your business.

Cost

One of the most important factors to consider when choosing a payment processing company is the cost. March offers competitive pricing with transparent fees and no hidden charges. They charge a flat rate per transaction, making it easy for businesses to budget and predict their costs. On the other hand, Square also offers transparent pricing, but their fees can vary depending on the type of transaction and payment method used. While Square may offer lower rates for some transactions, businesses may end up paying more in fees overall.

Features

When it comes to features, both March and Square offer a range of tools to help businesses manage their payments. March provides a user-friendly dashboard that allows businesses to track sales, manage inventory, and generate reports. They also offer customizable payment options, such as recurring billing and invoicing. Square, on the other hand, is known for its sleek and intuitive interface, making it easy for businesses to accept payments in person or online. Square also offers additional features like payroll processing and customer relationship management tools.

Integration

Integration with other business tools is essential for many businesses looking to streamline their operations. March offers seamless integration with popular accounting software like QuickBooks and Xero, making it easy to sync payment data with other financial records. They also offer an API for businesses looking to build custom integrations. Square, on the other hand, has a wide range of integrations with popular e-commerce platforms like Shopify and WooCommerce. They also offer a robust developer platform for businesses looking to create custom solutions.

Customer Support

Customer support is another important factor to consider when choosing a payment processing company. March prides itself on its responsive customer support team, offering phone and email support during business hours. They also provide online resources like FAQs and tutorials to help businesses troubleshoot issues on their own. Square, on the other hand, offers 24/7 phone support for businesses of all sizes. They also have a dedicated support team for larger enterprise clients, ensuring that businesses receive the help they need when they need it.

Security

Security is a top priority for businesses when it comes to processing payments. March uses encryption and tokenization to protect sensitive payment data, ensuring that transactions are secure and compliant with industry standards. They also offer fraud prevention tools to help businesses detect and prevent fraudulent activity. Square, on the other hand, also prioritizes security, offering end-to-end encryption and PCI compliance. They also provide chargeback protection and dispute resolution services to help businesses resolve payment disputes quickly and efficiently.

Conclusion

In conclusion, both March and Square offer competitive payment processing solutions for businesses of all sizes. While March may be a better fit for businesses looking for transparent pricing and seamless integration with accounting software, Square may be a better choice for businesses looking for a sleek interface and robust developer platform. Ultimately, the best choice will depend on your specific business needs and priorities. We recommend evaluating the key attributes of each company to determine which one aligns best with your goals and objectives.

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