Meet Square Terminal, Square’s New Hardware to Replace Legacy, Keypad Credit Card Machines
19 10월 2018 - 1:00AM
Business Wire
Square expands its hardware portfolio, inviting
new types of sellers, from dentists to bowling alleys, to join the
Square ecosystem
Today, Square, Inc. (NYSE: SQ) announced Square Terminal, an
integrated and innovative all-in-one card processing device
designed to be fast, fair, and secure.
Square Terminal allows sellers to ring up sales, accept all
forms of payments quickly, and print receipts, all from one
affordable and elegant device. It is the best solution for
businesses that use their own point-of-sale solution or manually
key in a payment amount, and want to process payments with Square.
Square Terminal also offers sellers a fair and flat rate for every
transaction regardless of card type.
“We love how the hardware, payments, and printer are all part of
one device,” said Fabrice Borg, manager of Prive by Laurent D Salon
in New York, NY. “Square Terminal makes for a more seamless and
professional experience when we bring the terminal to our customers
and they can pay for their services right from the salon
chair.”
Built in-house, Square Terminal has a unique and simple design,
giving any business a more professional look. With a battery that
lasts all day and both Wi-Fi or Ethernet internet connections,
sellers will never have to worry about missing a sale, whether
they’re taking payments at the countertop or bringing the terminal
right to their customers’ hands.
“Payment terminals are everywhere, from liquor stores to dry
cleaners to dentists, and with Square Terminal we can now serve
these sellers better with new, elegant hardware on top of Square’s
fair and secure payments service,” said Jesse Dorogusker, Head of
Hardware at Square. “Square Terminal is designed from the ground up
to ensure a feeling of familiarity, so sellers and their customers
can use it right away. With Square Terminal, we now offer a
sophisticated and modern hardware-plus-software solution for every
type of business.”
“Square Terminal is much faster and more reliable than the
hardware we were previously using, and the payments are cheaper,
too. Our customers also love that we now accept mobile payments
like Apple Pay and Google Pay,” said Carrie A. Green, owner of
DeMun Professional Cleaners in St. Louis, MO. “We’re really happy
we made the switch to Square.”
With no hidden fees, Square Terminal stands apart. Sellers pay
one low, transparent, and fair transaction rate of 2.6% + 10¢ for
every dip, tap, or swipe payment, and $399 for the device.
New-to-Square sellers who make the switch pay just $99 for Square
Terminal after a $300 processing credit. Square Terminal enables
sellers to focus on their business, knowing Square has them covered
with data security, dispute management, and fraud prevention all
included in the flat rate. Sellers also receive 24/7 phone support,
a one-year warranty, and the ability to try Terminal risk-free for
30 days.
Square Terminal is available to order today at
Squareup.com/shop.
About Square, Inc.
Square, Inc. (NYSE:SQ) creates tools that help sellers start,
run, and grow their businesses. Square enables sellers to accept
card payments and also provides reporting and analytics, next-day
settlement, and chargeback protection. Square’s point-of-sale
software and other business services help sellers manage inventory,
locations, and employees; access financing; engage buyers; build a
website or online store; and grow sales. The Cash App is an easy
way to send, spend, and receive money, and Caviar is a
food-ordering platform. Square was founded in 2009 and is
headquartered in San Francisco, with offices in the United States,
Canada, Japan, Australia, Ireland, and the UK.
Safe Harbor Statement
Statements in this press release, including, but not limited to,
statements regarding Square’s products and expected performance,
and expected benefits of our products to users, are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 that involve a number of uncertainties and
risks.
These risks include, among others, incompatibility of
technologies, changes to the rules and practice of payment card
networks, as well as other risks described in the Company’s latest
Quarterly Report on Form 10-Q or Form 10-K, which is on file with
the SEC. All forward-looking statements are based on information
available to the Company as of the date of this press release and
the Company assumes no obligation to update any of these statements
in the event facts or circumstances subsequently change.
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version on businesswire.com: https://www.businesswire.com/news/home/20181018005192/en/
Square, Inc.Edie Campbell-Urbanpress@squareup.com
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