Square launches latest point-of-sale system

Square has introduced the latest iteration of Square Stand, the countertop device that turns an iPad into a point-of-sale system.

Square Stand combines contactless and chip and PIN payment technology with software to manage ecommerce sales, deliveries, and click-and-collect orders.

The countertop unit retains the swivel design of previous models, allowing customers to pay using the display of the device, eliminating the need for additional payment hardware. Square says that this leads to a more transparent checkout process since an order summary is visible on the screen.

In addition to facilitating payment Square Stand can also perform employee management tasks such as time tracking, shift scheduling, and tip management. It also offers tools for marketing, loyalty, inventory, and omnichannel business.

One of the first businesses to use the new stand is Franklin’s Wine Bar in Notting Hill. Co-founder Iain Alcott said: “We’ve been using Square point of sale and terminals across our venues and gradually added products like Square Loyalty across our channels as we’ve grown. The new Square Stand helps us continue this integrated approach to selling by helping us to easily manage sales online while providing a clear and sleek in-store checkout experience for both our staff and customers.”

Alyssa Henry, head of Square, added: “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 centre for their business. Square Stand offers sellers an integrated way to meet the purchasing preferences of today’s consumers.”