Reimagined hardware and software usher in new
customer-centric commerce experience
Today, Square unveils the next generation of Square Stand, the
company’s iconic countertop device that turns an iPad into a
powerful, robust point of sale system that sellers can use to run
their entire business. Launching concurrently in all of Square’s
eight global markets, Square Stand features integrated contactless
and dip payments technology, a sleek, professional design, and a
new checkout flow that provides businesses and their customers with
a more intuitive, transparent, and streamlined commerce
experience.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220411005269/en/
New Square Stand (Photo: Business
Wire)
The reimagined Square Stand offers businesses the most
affordable, comprehensive, and easy-to-use device for conducting
commerce. Square Stand combines Square’s point of sale software and
hardware into one complete solution, enabling sellers to take
in-person payments and manage ecommerce sales, deliveries, and buy
online, pick-up in-store orders from a single place. Retaining the
classic swivel design of its predecessor, the new Stand now
integrates Square’s lightning-fast contactless and chip card
readers into the display, helping sellers simplify their
countertops and keep their lines moving while eliminating the need
for additional payments hardware. In 2021, tap and dip payments
made up 98% of global cashless hardware transactions on Square’s
fully integrated payments devices*, meaning these new capabilities
help sellers accept now-standard payments right out of the box.
The new Square Stand also transforms the buyer experience. New
software for Square Stand creates a faster, more transparent
checkout process that includes an order summary screen and
illuminated payment icons on the face of the device to guide
customer transactions and speed up purchases. These additions
provide sellers and shoppers with the benefits of a customer
display without the need for a second screen.
"Over the past eight years, Square tools like Loans and Payroll
have helped me navigate the everyday challenges of not only running
a business, but growing one," said Trina Gregory-Propst, owner of
Orlando-based restaurant and bakeshop Se7en Bites. "The new Square
Stand brings the same remarkability I've experienced using Square
to run my business, to my team and customers. My staff love it
because it's so easy to use, and the customers enjoy the
transparency of the new order summary screen and the ease of
completing their purchase."
“The way businesses and shoppers interact around the world has
evolved exponentially in the time since we first launched our
original Square Stand,” said Alyssa Henry, Head of Square. “The new
Stand was built with the future of commerce in mind. Marrying
elegant design with powerful software, Square Stand provides
sellers of any size, from boutique retailers to multi-location
restaurants, with a versatile command center for their business.
Square Stand offers sellers an integrated way to meet the
purchasing preferences of today’s consumers.”
As Square’s innovative ecosystem of solutions has grown, so has
Square Stand’s ability to serve sellers as a singular device to
manage all of their operations. In addition to supporting all of
Square’s vertical point of sale offerings, which include Square for
Restaurants, Square for Retail, and Square Appointments, sellers
can use Square Stand for all their employee management needs,
including time tracking, shift scheduling, and tip management.
Additional solutions like payroll, marketing, loyalty, inventory,
and omnichannel commerce tools are also readily available from the
Square Stand.
"As an owner operator, I’ve felt like Square has been a business
partner to me, especially throughout the unpredictability of the
pandemic," said Ian Chan, owner of Tasmania-based eatery Oryza.
"Square made it easy to set up an online store when dining in
wasn't an option, and now that channel has become a critical
component of my business in the months since. Square Stand helps me
and my team easily manage our online orders while providing our
in-person customers with a world-class checkout process."
Introduced in 2013, the original Square Stand was a
transformational iPad point of sale system, giving merchants a way
to take payments and access business insights and analytics, all
from one place. Square Stand remains popular amongst sellers of all
sizes and serves as a common entry point for new businesses joining
the Square ecosystem.
Beginning today, the new Square Stand is available online at
Square Shop. Starting at $149, Square Stand is compatible with the
iPad (2021, 2020, 2019), iPad Air (2019), and iPad Pro 10.5”.
Sellers pay one transparent rate for every tap or dip transaction,
with no hidden fees or long-term contracts, and free access to the
Square POS app. For more information, please visit
square.com/hardware/stand.
For images, please visit our press kit.
*Percentage is representative of global cashless transactions on
Square Register and Square Terminal for the calendar year 2021
About Square
Square helps sellers more easily run and grow their businesses
with its integrated ecosystem of commerce solutions. Square offers
purpose-built software to run complex restaurant, retail, and
professional services operations, versatile e-commerce tools,
embedded financial services and banking products, buy now, pay
later functionality through Afterpay, staff management and payroll
capabilities, and much more – all of which work together to save
sellers time and effort. Millions of sellers across the globe trust
Square to power their business and help them thrive in the economy.
Square is part of Block, Inc. (NYSE: SQ), a global technology
company with a focus on financial services. For more information,
visit www.squareup.com.
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