
Square
Square provides a credit card processing service, with various business solutions. It can be used for various business types, including food and beverage, retail, beauty professionals, professional services, as well as home and repair services. It features mobile credit card reader, POS stand, secure online invoicing, insightful sales reporting, app marketplace, and custom gift cards.
Top Square Alternatives
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Amazon Payments
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NMI
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Google Wallet
Google Wallet allows you to make payment with your credit or debit card through Google payment system.
Beanstream
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Square Review and Overview
Square, Inc. is a renowned provider of financial, merchant, payments, and related hardware. Founded in 2009 as a small company, Square is now a reliable source of payments and associated hardware services for many individuals and companies worldwide. The name is inspired by the square shape of credit cards.
Square Payment Services
The payment can be accessed via phones, invoices, computer, or through websites. Users can build their custom payment platforms too. These platforms are compliance-friendly, secured, encrypted, minimized payment risks, and multi-scale solutions. They even offer API for customers, catalog, inventory, and other integrations. This, combined with their hardware, can create a reliable payment solution. And so, the payment interface and platforms are easily configurable with Square, at lower service charges.
Square Point of Sale (POS) Apps
The POS app by Square is just as easy to use. It can keep track of all sales, has faster checkouts, preset customer profiles, and gift receipts too. Like traditional POS, it can print receipts, email receipts, add signature/tip on the bill, and even suspend tickets. The POS can offer an item or inventory tracking, discounts, refunds, and offline card processing too. In the POS, Square charges about 2.6% plus 10 cents for every tapped transaction.
Square Ecommerce and Online Store
Square E-commerce plans are supplied in four primary subscriptions, viz., Free, Professional, Performance, and Premium. All the plans have a consistent service charge of 2.9% + 30 cents. The basic plan includes unlimited product ads, inventory management, order/item sync with their POS, Instagram/Pinterest integration, and a shopping cart. Paid plans cost $12, 26, and $72 per month, respectively. Additional features like custom domain, no Square ads, customer review posting, fulfill orders, shipping labels, recover lost sales, and abandoned cart emails. In the final plan, Square adds extra tools like saving transactions, discounted shipping rates, and a real-time shipping calculator.
We get Square for Restaurants, Retail, and Appointments. The service charges are also close by for most services. They have about 2.9% + 30 cents charges for invoices, and 3.5% + 15 cents for a virtual terminal, no card transactions, and card on file transfer. Overall, Square is leading in POS and e-transaction services, with affordable service charges and full security.
Top Square Features
- Real-time transaction tracking
- Integrated inventory management
- Customizable point-of-sale solutions
- No monthly fees
- Instant payment notifications
- Multi-currency support
- Invoicing and billing tools
- User-friendly mobile app
- Square Checking account
- Square Debit Card benefits
- Advanced reporting analytics
- Third-party app integrations
- Contactless payment options
- Recurring payment setup
- Employee management features
- Virtual terminal capabilities
- Secure online payments
- Customer engagement tools
- Built-in loyalty programs
- Dedicated customer support