Hardware, Software, Payments: Square Register’s new fully integrated Point-of-Sale Device
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Square is best known for turning tablets and smartphones into portable cash registers. Their payment apps help brick-and-mortar businesses handle payments straight from an iPhone or iPad. Now, Square has developed not just an app, but a corresponding all-in-one device for businesses to manage their payment processes and business workflows. This means you no longer need a third party tablet or phone to run Square Register for your business.
What is Square Register?
Square Register is a payment system that combines advanced hardware and software to create an in-store point-of-sale system. The hardware includes two screens that sit facing away from each other: one for your sales staff and one for your customers.
The software includes everything you’d expect a point-of-sale system to have: you can manage inventory, keep track of your orders and create a better customer experience.
The Hardware: Two-way display for a better customer experience
The new device has a sleek feel and design, having been compared to that of Apple products. The design of Square Register is optimised to improve customer transactions. The two-display feature removes the awkwardness of having to hand a tablet or phone back and forth between staff and customers. The small screen shows customers their order details and also functions as the actual point of sale. They can swipe, dip or tap to make payments hassle-free. The system supports all major credit and debit cards, as well as Apple Pay.
The device is also equipped with Ethernet, offline support in case of poor connectivity, and five USB ports. These features allow you to add accessories such as a cash drawer, receipt printer, or a bar code scanner if necessary.
The Software: Everything a retail business needs
Square Register designed the new all-in-one Point-of-sale device with the aim of supporting businesses in their in-shop management. The new payment system collects all your workflows in one place: you can manage sales, build customer directories, automatically create invoices and run your business more efficiently by collecting valuable data.
Why use Square Register’s POS device?
Keep track of your sales in real time
The new software allows you to keep track of every item you sell in your shop. You can upload and edit more than a thousand items, which makes the solution attractive to larger businesses, too. And the best part? You can track your sales in real time. Square Register automatically updates your inventory and stock as you sell your items, so that you don’t have to worry about updating inventory at the end of the day.
The data collected helps you to gain valuable insights into your business. Essentially, Square Register aims to help businesses make more data-driven decisions, therefore improving their practices so that they can become more efficient.
Improve customer experience
The two-screen hardware is already a step up from awkwardly passing an iPad back and forth. Customers can use the small screen facing them to keep track of their bill and easily make payments. Even better: you can use Square Register to collect information and feedback throughout the sales process, and build a customer directory. As a result, you can create new touchpoints with in-store shoppers and build a more omni-channel-based business.
Receive payments faster
The system also takes care of your finance department. The new software lets you whip up and send out invoices in no time, so you’ll no longer have to waste valuable time. The best part? Payments will reach you even faster. The new payment system ensures your hard earned money is visible in your bank account the next day.
Smooth transition
Square Register makes the migration process easy for business owners. The new software can easily be integrated with most of your current apps and systems, so that the transition is hassle-free. You’ll no longer have to locate and copy your data one by one from your previous system over to your new one.
Take the stress out of managing the back end
Square Register is your new eyes and ears when it comes to managing the backend of your business. It automatically updates your inventory, supports you in managing your purchase orders, and provides you with the right tools and systems to keep track of your vendor lists.
Give staff the right tools to excel
Square Register makes it easier for you to manage your staff. At the same time, it frees up your sales team to do what they are best at: customer service. With the new POS device, you can create personal employee accounts as well as employee permissions, so your staff can log into a system that is safe and secure. Furthermore, the system lets you integrate employee timecards into the workflow, so that you can keep track of working hours. By making it easier for your sales staff to handle the payment process, you give them the space to concentrate on selling your products.
Should You Invest into the New Square Register Device?
Currently available only in the US, the new hardware + software package is considerably more expensive than Square’s previous app services. If you want to get your hands on the all-in-one point-of-sale device, you can choose between two different payment plans. You can either make a one-off payment of $999, or sign up for an instalment plan that requires a payment of $49 per month over a period of 24 months. Once you install Square Register in your shop, you will be charged a 2.5% transaction fee, and a flat payment of 10c per swipe, dip, or tap.
Talk to us
The Square Register All-in-One Point-of-Sale Device is a sleek, new-look POS system that can help your business grow. But it comes at a considerable cost. Chat to the team at Elkfox about whether it’s worth investing, and how to integrate it with your online Shopify store.