Square is a mobile register for merchants who accept any form of payment for products or services. Square hit the scene pretty hard with a simple app that allows anyone to accept credit card payments through their mobile device. Since then, Square has been innovating ways to get their service into businesses by making it so convenient and trendy, that it’s almost impossible not to jump on board.
Today, Square announced the availability of the Square Stand. Besides providing a great service, they also produce fantastic Youtube content around their products. Below is the video announcing Square Stand, which is a table top register replacement that works with Square and your iPad
The Square Stand is a register case for your iPad replacing the iconic Square card reader with an all-in-one register experience. You can even configure it to work with bluetooth cash drawers and receipt printers.
Point-of-sale systems can be very expensive to own or lease and they get outdated fast. This is why you typically see old systems in businesses these days. It takes years to return on the initial investment. Square has turned that upside down by allowing you to use a piece of technology you most likely already have, your iPad.
I am waiting for Square to come out with a more robust card reader for the iPhone. As convenient as the Square card reader is, I still store it in my bag out of fear that the reader could get snapped off in my headphone jack.
Great job Square, another innovative product that I am sure will bring even more business your way despite the high 2.75% fees on swiped transactions and even higher 3.5% + $0.15 per transaction fees for keyed in transactions. To be honest, it would be worth marking your products up 1.5% to make up for the fees to make Square more cost effective than it would be to invest in a turnkey system from one of the major POS providers.
Check out the Square Stand: https://squareup.com/stand
Check out my Photography listing on Square: https://squareup.com/directory/jerad-hill-studios
Resources:
Square Fee Schedule: https://squareup.com/help/en-us/article/5068-costs-and-fees