Payments software company Square will roll out its Square Register in Canada, which will give businesses an omnichannel commerce option via a point-of-sale (POS) device, according to The Daily News report on Wednesday (Sept. 8).
Square Register gives sellers the tools they need to do things to run and grow their businesses, managing everything from one source. It comes with features for inventory, POS, employee management and deliveries.
Alyssa Henry, Square executive vice president, said that since the U.S. launch in 2017, Square Register has been relied on by many kinds of businesses.
“Businesses are ditching clunky payment machines and legacy technology because they want fast, reliable, secure and intuitive hardware that looks professional,” Henry said, according to the report. “At the same time, they need to manage growth and adapt easily to changing customer needs and market environments.”
This should be taken within the broader context of the pandemic, from which the Canadian economy is still trying to recover lost business. Consider that 80% of Canadians agree it’s more important to buy local and 71% of Canadians plan to or already have spent more on local businesses, according to a survey commissioned by Square and cited in the article.
Other survey data include that 72% of Canadians prefer distanced and cashfree payment options, such as those offered by Square Register, as it would help them feel more comfortable supporting local businesses.
The pandemic “has thrown Canadian businesses challenge after challenge — and accelerated the demand for new, more flexible omnichannel commerce solutions,” Thomas Templeton, general manager of hardware at Square, said in the report.
“Now, with the introduction of Square Register, we’re excited to give bigger and more complex Canadian businesses better options when it comes to choosing an integrated commerce solution,” Templeton said.
Square’s recent deal to buy Afterpay for $29 billion has caused ripples, with Karen Webster writing that it could fulfill Founder Jack Dorsey’s original goal of creating a consumer/merchant network with a new system of commerce for connected devices, digital payments, the cloud and data with two sides, both online and offline.