Mobile payment service Square has introduced the Square Stand that has a built-in credit card swipe machine.
Commerce company Square has introduced the Square Stand, stylish and clutter-free new hardware for businesses that acts as an alternative to traditional cash registers. The countertop stand turns an iPad into a complete point-of-sale terminal and has a built-in credit card swipe machine.
It aims to give merchants a new way to manage and grow their business, for the same price as a cash register. It gives them access to real-time analytics, robust reporting, and a pleasant experience for customers.
It easily connects to a receipt printer, cash drawer and barcode scanner. The iPad can be locked in place and the stand secured to a countertop, making it easy to tilt and rotate in order to complete orders quickly. The Square Stand works with an iPad 2 or 3, and a version for iPads with Lightning connectors will be available later this year.
The Square Stand costs $299 and is available to pre-order online. It will also be in Best Buy stores and other select retailers in July. Jack Dorsey, co-founder and CEO of Square, said:
Local business owners take as a given that they need an ugly, slow, expensive, and complicated point of sale system cluttering their counter. Square Stand is elegant, fast, affordable, and easy to use. Whether you’re selling cupcakes, cardigans, or cappuccinos, running your business with Square has never been easier.