Square Introduces the Next Generation of Square Stand

Reimagined hardware and software usher in new customer-centric commerce experience

DUBLIN--(BUSINESS WIRE)--Today, Square unveils the next generation of Square Stand, the company’s iconic countertop device that turns an iPad into a powerful, robust point of sale system that sellers can use to run their entire business. Launching concurrently in all of Square’s eight global markets, Square Stand features integrated contactless and Chip and PIN payments technology, a sleek, professional design, and a new checkout flow that provides businesses and their customers with a more intuitive, transparent, and streamlined commerce experience.

The reimagined Square Stand offers businesses the most affordable, comprehensive, and easy-to-use device for conducting commerce. Square Stand combines Square’s point of sale software and hardware into one complete solution, enabling sellers to take in-person payments and manage ecommerce sales, deliveries, and buy online, pick-up in-store orders from a single place. Retaining the classic swivel design of its predecessor, the new Stand now integrates Square’s lightning-fast contactless and chip card readers into the display, helping sellers simplify their countertops and keep their lines moving while eliminating the need for additional payments hardware. In 2021, contactless and Chip and PIN payments made up 98% of global cashless hardware transactions on Square’s fully integrated payments devices*, meaning these new capabilities help sellers accept now-standard payments right out of the box.

The new Square Stand also transforms the buyer experience. New software for Square Stand creates a faster, more transparent checkout process that includes an order summary screen and illuminated payment icons on the face of the device to guide customer transactions and speed up purchases. These additions provide sellers and shoppers with the benefits of a customer display without the need for a second screen.

“Our experience with the new Square Stand has been excellent” said Dee Kelly, Founder of Gralinn - one of the first businesses to test the new product. “It offers us a clear, concise layout for our business. Our staff appreciate the intuitive checkout system while the customers have responded well to the clear user face on the screen when they come to make their purchase. The connectivity and navigation is also particularly fast and responsive which helps us to avoid queues and ensures we never miss a sale."

“The way businesses and shoppers interact around the world has evolved exponentially in the time since we first launched our original Square Stand,” said Alyssa Henry, Head of Square. “The new Stand was built with the future of commerce in mind. Marrying elegant design with powerful software, Square Stand provides sellers of any size, from boutique retailers to multi-location restaurants, with a versatile command centre for their business. Square Stand offers sellers an integrated way to meet the purchasing preferences of today’s consumers.”

As Square’s innovative ecosystem of solutions has grown, so has Square Stand’s ability to serve sellers as a singular device to manage all of their operations. In addition to supporting Square’s vertical point of sale offerings, which include Square for Restaurants and Square for Retail, sellers can use Square Stand for all their employee management needs, including time tracking, shift scheduling, and tip management. Additional solutions like marketing, loyalty, inventory, and omnichannel commerce tools are also readily available from the Square Stand.

Introduced in 2013, the original Square Stand was a transformational iPad point of sale system, giving merchants a way to take payments and access business insights and analytics, all from one place. Square Stand remains popular amongst sellers of all sizes and serves as a common entry point for new businesses joining the Square ecosystem.

Beginning today, the new Square Stand will be available online at Square Shop. Starting at €119 +VAT. Square Stand is compatible with the iPad (2021, 2020, 2019), iPad Air (2019), and iPad Pro 10.5”. Sellers pay one transparent rate for every contactless or Chip and PIN transaction, with no hidden fees or long-term contracts, and free access to the Square POS app. For more information, please visit https://squareup.com/ie/en/hardware/stand.

*Percentage is representative of global cashless transactions on Square Register and Square Terminal for the calendar year 2021

Note to editors:

For high-resolution Square Stand images and a fact sheet, please visit: https://squareup.com/ie/en/about/square-stand-press-kit

About Square

Square helps sellers more easily run and grow their businesses with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. Square is part of Block, Inc. (NYSE: SQ), a global technology company with a focus on financial services. For more information, visit www.squareup.com.

Squareup International Limited, operating under the Square brand name, is an authorised entity subject to the supervision of the Central Bank of Ireland.