New iPad App Square Register Turns Tablet Into Cash Register

Square Register lets business owners process payments from their iPad

Mobile payment company Square released a new iPad app on Monday, which allows small businesses to set up a one-stop shop via their tablet device (Image: File)

Mobile payment company Square released a new iPad app on Monday, which allows brick-and-mortar merchants to trade in their cash registers for iPads. The easy-to-manage app, which is compatible with iPads running on iOS 5, allows small businesses to set up a one-stop shop via their mobile device.

The app and plastic card reader, which plugs straight into the iPad headphone jack, allows customers to make both cash and credit card payments.

“I truly believe POS [point-of-sale-devices], as you know it today, is dead,” said Megan Quinn, director of products at the San Francisco-based company, according to USA Today. “This will bring Square to an entirely new, small-market audience (bricks-and-mortar stores).”

Small merchants can create a library of the items they sell, assign a photo and price to each item, as well as create a favorites page for popular products, according to Square. Also, users can see transaction details in real-time, view detailed analytics and keep track of sales. Sales reports and sensitive data don’t have to be accessible to all employees, merchants can regulate employee permissions as they see fit.

Customers who pay via credit can sign the receipt with their finger to validate the purchase. Merchants can text, email or print the customer’s receipt.

Watch the video below for more details:

 

Square Register from Square on Vimeo.

The app and card reader are both free, but Square charges merchants a rate of 2.75% for every American Express, Discover, MasterCard, or Visa transaction.

Square was founded by Twitter co-founder Jack Dorsey.

ACROSS THE WEB
  • Tealyfe

    Timely article Janel:
    We are excited here at TeaLyfe to get our hands on the new Square app. Yes, we love tea and tech here at TeaLyfe, so we downloaded the app as soon as we saw it was available on Apple’s App Store.

    Their first app revolutionized our process of taking different types of payments at local and regional events. The app along with an IPad helped to streamline our receipts while adding a level of trust and cutting edge sophistication to each transaction. Our sales tripled!

    We are antsy with anticipation to see what this new piece of software by Square can do to help take our off-line business to the next level!

    (Shameless Plug: For great tasting ultra-premium loose leaf tea, check us out online at http://www.tealyfe.com)

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  • spidee

    What square has done is great. I have seen another start-up at a recent event that was showcasing a product that does the same thing. It has some advantages that might better suit bigger retailers as the square app is pretty feeble in terms of a pos system. That said it is beautiful, The start-up was Tillify.com and they are allowing vendors to use their own merchant account and also use PC’s or Android Tablets as well as IPads.

    It looked very well thought out and like a serious contender in this field.

    http://www.tillify.com

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