The Square iPhone credit card payment system we have featured here on Geeky Gadgets a number of times over the course of its development has now arrived in Apple Stores both on the high street and online for $9.99.
Jack Dorsey, Square’s CEO and Twitter founder, released an announcement yesterday that their Square payment system for iOS devices, including the iPad and iPod Touch, is now available in all 235 U.S. Apple Store locations, as well as from the Apple online store.
Benefits for Small Businesses
Square is a great device and service for small businesses, to which Square charges a flat rate per transaction. This allows businesses to concentrate on sales rather than worry about the charges normally associated with owning and using a credit card charge machine. The simplicity and transparency of Square’s pricing model make it an attractive option for small business owners who may be overwhelmed by the complex fee structures of traditional credit card processors.
Moreover, the ease of use of the Square system is another significant advantage. The device plugs directly into the headphone jack of an iPhone, iPad, or iPod Touch, transforming it into a mobile point-of-sale terminal. This portability means that businesses can accept payments anywhere, whether they are at a trade show, a pop-up shop, or even a customer’s home. This flexibility can be a game-changer for small businesses looking to expand their reach and improve customer convenience.
Security and Reliability
Security is a critical concern for any payment system, and Square has implemented robust measures to protect both merchants and customers. The Square reader encrypts card information at the moment of swipe, ensuring that sensitive data is never stored on the device. Additionally, Square’s software is designed to detect and prevent fraudulent transactions, providing an extra layer of security.
Square also offers a comprehensive suite of tools to help businesses manage their operations more effectively. From inventory management to sales analytics, the Square app provides valuable insights that can help business owners make informed decisions. The integration with other business tools, such as accounting software, further streamlines operations and reduces administrative burdens.
Take a look at our article on Android vs iPhone to see which smartphone and mobile platform is best for you.
The arrival of the Square payment system in Apple Stores marks a significant milestone in the evolution of mobile payment solutions. By offering a simple, secure, and cost-effective way for small businesses to accept credit card payments, Square is helping to level the playing field and empower entrepreneurs. Whether you’re a small business owner looking to streamline your payment processes or a consumer seeking a more convenient way to pay, Square offers a compelling solution that is worth considering.
Source: Into Mobile
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