Square Announces New 'Square Register' All-in-One Point-of-Sale Device for Businesses

[MacRumors]

Square today announced the launch of Square Register, a new point-of-sale device that joins Square Stand and Square Reader, the company's existing iPad and iPhone-based point-of-sale systems.

Unlike Square Stand and Square Reader, Square Register is a fully integrated solution with hardware and software designed by Square. The device features a large display that faces the cashier, and at the back is a second, smaller display that's customer-facing.

The smaller display offers up a look at the order total and allows customers to swipe their cards to make a payment. With previous Square solutions, the display had to be flipped around so both customer and cashier could use it, but the two-display option alleviates that problem.

Priced at $999, Square Register is meant for businesses that want to use Square's software but are looking for a more professional checkout system than an iPad or an iPhone can provide. A transaction fee of 2.5 percent plus 10 cents per transaction is also required, but all major credit and debit cards are supported and it includes protection from eligible chargebacks.

Merchants can also opt to pay $49 per month for the Square Register over the course of 24 months, and there are custom pricing options for large businesses.

Like other Square point-of-sale options, Square Register is equipped with NFC and will allow businesses to accept Apple Pay payments. Other features include support for accessories through a five-port USB hub and Ethernet and offline support for use even in situations with poor connectivity.

Article Link: Square Announces New 'Square Register' All-in-One Point-of-Sale Device for Businesses

 

[OldSchoolMacGuy]

Still seems far cheaper to go the iPad mini and older style register route.

 

[coolfactor]

Surprising! Interesting! Easy for non-technical folk.

I bet it's running a customized version of Android.

Too costly for me. I'll go the iPad route.

 

[chelsel]

I used to run a mobile credit card processing company, but sadly lacked the $100MM investment that Square got from Visa, so pretty much threw in the towel... I know it's a great business so instead I've just been buying Square stock... so far I've been very happy with that.

 

[dontwalkhand]

Forgot those saying this is too costly, I’d like for them to get a regular POS system with credit card reader that supports Apple Pay, Chip and Swipe, a customer facing LCD/card terminal, has inventory control, and time cards, etc .....then report to me how expensive it is.

For a lot of businesses, this is a wonderful deal!

Yes I realize a cash drawer, and scanner are extra with this deal, but so are the ones with the other guys. A full Clover setup outright is around $1500

 

[raybob]

If you have a small check average, this will cost you a lot more than 2.75% and here is why.

Let’s say you are a cafe or a sandwich shop (majority of square’s Customer) with an average check of $12

Traditionally you would pay square $12X2.75%= $0.33

With the new plan you’ll pay
$12X2.5% + $0.10= $0.40

Now if you sell 100 tickets a day (average 2600 transaction a month considering weekends)

That’s 2600X$0.07= $182 extra cost monthly.

And of course if you have a high ticket amount, the 2.5% plus $0.1 will be a lot cheaper than before.

But this register is mostly designed for cafe, restaurant counter service businesses.
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Forgot those saying this is too costly, I’d like for them to get a regular POS system with credit card reader that supports Apple Pay, Chip and Swipe, a customer facing LCD/card terminal, has inventory control, and time cards, etc .....then report to me how expensive it is.

For a lot of businesses, this is a wonderful deal!

Yes I realize a cash drawer, and scanner are extra with this deal, but so are the ones with the other guys. A full Clover setup outright is around $1500

You are correct but consider that with clover you can get better pricing even if you are a small business. As far as the hardware goes, it’s pretty much going to be around the same ballpark.

Also clover’s monthly fee can still offset cheaper rate.

It’ll be cheaper for some businesses and more costly for the others.

Overall IMO they both lack quality customer service.

 

[Peepo]

Still waiting for square to support chip and pin (not chip and signature). Since
Most people pay in Canada using debit, and not everyone has contactless cards, it is very limiting here. My wife uses square but also has a pinpad from her bank.

 

[tmiw]

Still waiting for square to support chip and pin (not chip and signature). Since
Most people pay in Canada using debit, and not everyone has contactless cards, it is very limiting here. My wife uses square but also has a pinpad from her bank.

In other countries, Square asks for PIN on the display, but I suspect Interac nixed that idea pretty quickly.

 

[dontwalkhand]

Still waiting for square to support chip and pin (not chip and signature). Since
Most people pay in Canada using debit, and not everyone has contactless cards, it is very limiting here. My wife uses square but also has a pinpad from her bank.

Canada has very strict banking rules not allowing on screen PIN, unlike other countries. Square in U.K. and AUS Ask for the PIN right on the screen of iPhone/iPad. US Square is still chip and signature only as well.

 

[Peepo]

Canada has very strict banking rules not allowing on screen PIN, unlike other countries. Square in U.K. and AUS Ask for the PIN right on the screen of iPhone/iPad. US Square is still chip and signature only as well.

I didn't realize this - interesting information!

She recently bought the contactless device as it is now available in Canada. She plans to use it for another small business, thinking it may work, and is waiting for bank authorization. I am interested if Chip and Signature actually works in Canada for credit cards (square is very vague about this). At that location she has an older pinpad which does not support NFC and is stuck in a contract, so at least this will allow her to support Apple Pay and tap.

 

[dontwalkhand]

I didn't realize this - interesting information!

She recently bought the contactless device as it is now available in Canada. She plans to use it for another small business, thinking it may work, and is waiting for bank authorization. I am interested if Chip and Signature actually works in Canada for credit cards (square is very vague about this). At that location she has an older pinpad which does not support NFC and is stuck in a contract, so at least this will allow her to support Apple Pay and tap.

All PIN cards contain a signature CVM and will process signatures just fine.

 

[adamneer]

I thought the whole point of Square as a company was to allow people to use devices they already had, or that were easy/convenient/cheap to source for the menial task of payment acceptance. It seems like this is just going backwards for them and/or selling out to the traditional payments industry.

 

[tmiw]

I thought the whole point of Square as a company was to allow people to use devices they already had, or that were easy/convenient/cheap to source for the menial task of payment acceptance. It seems like this is just going backwards for them and/or selling out to the traditional payments industry.

Being in full control of the hardware also allows for PIN to eventually be supported as organizations such as Interac may be more willing to approve such devices.

 

[allanmulwee]

Still seems far cheaper to go the iPad mini and older style register route.

iPad and iPhones have limited capabilities and are not reliable on wifi. At least not enough for a lot of commercial applications.

 

[OldSchoolMacGuy]

iPad and iPhones have limited capabilities and are not reliable on wifi. At least not enough for a lot of commercial applications.

LULz, wat? You mean the most frequently used tablet for business applications has issues with business applications? Not buying that.