Sitter Pals, a social network that connects parents and babysitters, recently partnered with mobile credit card processing company Square to offer a more convenient payment method.
The technology will allow parents to easily compensate their babysitters without the hassle of withdrawing money from an ATM on the ride home. This benefits sitters as well, since they’ll be able to track income and can email receipt of payment to parents remotely.
Upon returning home, a parent can swipe his or her credit card through the mobile credit card processing device, and sign on the sitter’s smartphone or iPad.
“By giving parents the option to pay their sitters with credit cards, the experience of babysitting is even more efficient and enjoyable for both parents and sitters,” said Sitter Pals founder Amanda Armstrong. “As an added benefit, parents skip the ATM and the fees, while putting that transaction towards their credit card points or miles.”
The sitter will receive the payment in his or her bank account the following day, minus a 2.75 percent transaction fee from Square. PaymentsSource notes that because the average payment for sitters is between $50 and $100, only a few dollars end up going toward the fee.Back To Blog