If you are looking to upgrade your old outdated till or credit card system within your business, you might be interested to learn that the new Square Stand point of sale credit card payment system, which was made available to preorder back in May of this year, will soon be arriving in Apple stores.
The new Square Stand and tablet stand is priced at $299 and enables businesses to accept both credit cards and cash as well as the Square Wallet mobile payment system. Check out the video after the jump to see the Square Stand in action.
Features and Benefits of the Square Stand
The Square Stand is designed to transform an iPad into a complete point-of-sale (POS) system. This sleek and modern stand not only holds the iPad securely but also integrates seamlessly with Square’s payment processing software. This allows businesses to handle transactions efficiently and professionally. The stand includes a built-in card reader, which supports swipe payments, and can be connected to additional hardware such as receipt printers and cash drawers.
One of the standout features of the Square Stand is its compatibility with the Square Wallet mobile payment system. This allows customers to pay using their smartphones, providing a convenient and contactless payment option. Additionally, the Square Stand supports various payment methods, including credit and debit cards, making it a versatile solution for businesses of all sizes.
Compatibility and Future Developments
Currently, the Square Stand only works with older generation iPads that are equipped with the 30-pin dock connector. However, Square is actively developing a new version of the Square Stand that will be compatible with the latest iPads featuring Apple’s new Lightning connector. This upcoming version will ensure that businesses can continue to use the most up-to-date technology without having to replace their entire POS system.
The Square Stand is not just about accepting payments; it also offers a range of features designed to enhance the overall customer experience. For example, the stand can be swiveled to face the customer, allowing them to sign for their purchase directly on the iPad screen. This not only speeds up the transaction process but also adds a level of interactivity that can improve customer satisfaction.
Moreover, the Square Stand is designed with security in mind. It includes encryption technology to protect sensitive payment information, ensuring that both businesses and customers can have peace of mind during transactions. The stand is also built to be durable and stable, reducing the risk of accidental damage to the iPad.
In addition to its core features, the Square Stand integrates with Square’s comprehensive suite of business tools. This includes inventory management, sales reporting, and customer relationship management (CRM) features. By using the Square Stand, businesses can gain valuable insights into their operations, helping them to make informed decisions and drive growth.
The introduction of the Square Stand into Apple stores marks a significant milestone for Square. It reflects the growing demand for modern, efficient, and user-friendly POS systems in the retail and hospitality sectors. As more businesses adopt the Square Stand, it is likely to become a standard fixture in stores, cafes, and restaurants around the world.
The Square Stand offers a powerful and flexible solution for businesses looking to upgrade their payment systems. With its sleek design, compatibility with various payment methods, and integration with Square’s business tools, it provides a comprehensive POS solution that can enhance both operational efficiency and customer satisfaction. As Square continues to innovate and develop new versions of the stand, it is poised to remain at the forefront of the POS market.
Source: TUAW
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