POS Innovation

Square Supersizes Square Register

Square is rolling out a point-of-sale (POS) device for larger merchants, according to a press release. Priced at $999, the company says its Square Register solution is a versatile, fully integrated POS that works for any business.

According to the press release, Square Register boasts a built-in seller display, as well as a detachable customer display. The solution also offers dedicated hardware, embedded POS software and Square’s payments technology.

“We built Square Register based on years of insight from working with sellers about what they need on their countertop as their business grows,” said Jesse Dorogusker, head of Hardware at Square. “This is the first time we’re delivering a product that incorporates everything we’re known for in one place: beautiful hardware, powerful software and a robust, managed payment experience.”

Square Register offers automatic software updates, the company stated, as well as ethernet, Wi-Fi and offline modes. The platform supports three payment types — “swipe, dip and tap.” It ships with a five-port USB hub for use with peripheral devices and cloud-based Square software that includes inventory management, open tickets, tech support, real-time analytics and employee management functions.  

According to the news release, merchants using Square Register can accept all forms of card-present transactions with a transaction rate of 2.5 percent plus $00.10 per transaction.

Square said it has tested the new platform in select locations with several companies, including Ben and Jerry’s Ice Cream, Goa Taco, Cafe Grumpy, The Monster Cycle, Best Beverage Catering and menswear establishment, Drake’s.

“We’ve been using Square Register at our Mountain Winery venue in Saratoga, and we’re excited to roll it out to many of the other large venues and festivals we serve,” said Ryan Mendez from Best Beverage Catering. “At events, keeping the lines moving is crucial for both vendors and customers, and Square Register delivers.”

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NEW PYMNTS DATA: HOW WE SHOP – SEPTEMBER 2020 

The How We Shop Report, a PYMNTS collaboration with PayPal, aims to understand how consumers of all ages and incomes are shifting to shopping and paying online in the midst of the COVID-19 pandemic. Our research builds on a series of studies conducted since March, surveying more than 16,000 consumers on how their shopping habits and payments preferences are changing as the crisis continues. This report focuses on our latest survey of 2,163 respondents and examines how their increased appetite for online commerce and digital touchless methods, such as QR codes, contactless cards and digital wallets, is poised to shape the post-pandemic economy.

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