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04/11/2022

Square Updates Square Stand

The new Stand now integrates Square’s contactless and chip card readers into the display, In 2021, tap and dip payments made up 98% of global cashless hardware transactions on Square’s fully integrated payments devices
Anna Wolfe
Senior Editor - Restaurants
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Square Stand
The new Stand now integrates Square’s 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.

Square has released the next generation of Square Stand, the company’s countertop device that turns an iPad into a point-of-sale system. Launching concurrently in all of Square’s eight global markets, Square Stand features integrated contactless and dip 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.

Square Stand combines Square’s POS 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 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, tap and dip 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.

[Integrations with other systems are driving POS purchase decisions for 86% of restaurants, according to HT's 2022 POS Software Trends Report]

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.

"Over the past eight years, Square tools like Loans and Payroll have helped me navigate the everyday challenges of not only running a business, but growing one," said Trina Gregory-Propst, owner of Orlando-based restaurant and bakeshop Se7en Bites. "The new Square Stand brings the same remarkability I've experienced using Square to run my business, to my team and customers. My staff love it because it's so easy to use, and the customers enjoy the transparency of the new order summary screen and the ease of completing their purchase."

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 all of Square’s vertical point of sale offerings, which include Square for Restaurants, Square for Retail, and Square Appointments, sellers can use Square Stand for all their employee management needs, including time tracking, shift scheduling, and tip management. Additional solutions like payroll, marketing, loyalty, inventory, and omnichannel commerce tools are also readily available from the Square Stand.

"As an owner operator, I’ve felt like Square has been a business partner to me, especially throughout the unpredictability of the pandemic," said Ian Chan, owner of Tasmania-based eatery Oryza. "Square made it easy to set up an online store when dining in wasn't an option, and now that channel has become a critical component of my business in the months since. Square Stand helps me and my team easily manage our online orders while providing our in-person customers with a world-class checkout process."

Introduced in 2013, the original Square Stand gave 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.

The new Square Stand is available online at Square Shop. Sellers pay one transparent rate for every tap or dip transaction, with no hidden fees or long-term contracts, and free access to the Square POS app.