Quote Originally Posted by dbltoe View Post
Square has apparently "adjusted" the free fraud prevention to allow any transaction with:
  1. A valid CC number
  2. The CVV matching the CC number
  3. An expiration date at least ?? days from the transaction date


All are They are no longer checking any other items UNLESS you subscribe to their Risk Manager.

I tried it out and it allows you to make your own rules. Alerts or Blocks. Even blocking based on the shipping information.

The alerts are long, detailed, and don't really point out what went wrong. The one I tried with a bad billing zip just said "GENERIC_DECLINE" "PAYMENT_METHOD_ERROR".

Fee (of course) is .06 per transaction BUT, with PayPal's new rates, that will still be ~$0.13 cheaper than PayPal. PayPal will be going to 2.99% and $0.491 per if you get PayPal's chargeback protection.

The unknown is the "per transaction" statement in the fee. I'm still trying to find out if they consider a block as a transaction. Don't want to pay for thieves to test their stolen cards.
Please let me know what you find out. I am not liking what I am seeing on this one bit.