![]() ![]() Here's what happens.įight the Power: Take a look at who's transforming the way we think about energy. Taking It to Extremes: Mix insane situations - erupting volcanoes, nuclear meltdowns, 30-foot waves - with everyday tech. Square doesn't charge monthly fees for its devices, instead taking a commission for each transaction. The new device joins the countertop $999 Square Register, smaller $49 Bluetooth card reader, and free magstripe reader. It goes on sale Thursday on Square's website. For new sellers, Square will throw in a promotional $300 credit to cover their transaction fees. Square Terminal is available only in the US for now and costs $399. For its latest quarter, Square reported a 48 percent jump in revenue, to $814.9 million, thanks to more transactions through its machines, but it still posted a loss. Newer terminals from Square rivals Ingenico and Verifone can handle contactless payments, too.įor Square, Terminal should help the company expand into more mom-and-pop stores, bakeries, salons and restaurants, helping it continue to grow its business. That opens the possibility for more restaurants to allow their waiters to take payments right at the table - a practice that's still rare in the US.Īlso, the reader's ability to take contactless payments, like from an Apple Watch or Samsung phone, should help grow adoption for those new types of payments. Since Terminal is battery-powered, it's more mobile than older, plug-in readers. Though Square Terminal isn't a device consumers will buy, it should make their lives a little easier in a handful of ways. He spoke at a Privé salon in Manhattan, which, along with about 60 other retailers, has been beta testing the new device. Square Terminal costs 299 or 27 per month for 12 months with the payment plan. Unlike the other hardware options we’ve discussed thus far, the Square Terminal functions on its own and doesn’t require a smart device. "It's more smartphone, less calculator from 1985," said Square's head of hardware, Jesse Dorogusker. The Square Terminal is a handheld POS terminal that allows you to take all forms of payment and print receipts. It also can accept payments via magstripe cards, chip cards and contactless cards or phones. It's mobile, thanks to a rechargeable battery, has a large touchscreen and even has a built-in printer for receipts. The payments company on Thursday introduced its newest piece of hardware, Square Terminal, a card reader that looks more modern than the typical worn-out, bulky-plastic terminal you may find at a local corner store. When you call please mention you found this ad listing on OKz.Square wants to refresh the often unloved credit card reader. Uses standard 57.2mm (2.25") thermal printer paper for easy refillingīuilt-in battery lasts up to all day long and offers cordless usageĢ4/7 phone support addresses and replaces hardware the next business day if your device has any hardware issues No monthly fees when you receive payments from all major cards including Interac Chip and PIN Receive your payments from customers anywhere in your store Receive deposits in your bank account as fast as the next business day ![]() Start taking payments right away, with no bank visits or extra training, so you can get up and running immediately Makes your payments and receipts reliable and secure through an end-to-end encrypted mediumĪccepts a variety of standard and contactless payment modes such as EMV chip cards, NFC cards, magnetic-stripe cards, Interac Chip and PIN, Apple Pay, Google Pay, Samsung Pay, and more for easy payments ![]() It's cordless, with a built-in battery that offers long-lasting use. It supports a variety of standard and contactless payment modes including NFC cards, credit and debit cards with Interac Chip and PIN, Apple Pay, Google Pay, and more so you can start taking payments right away. Set up a simple, efficient point-of-sale system with the Square Terminal debit and credit card reader. ![]()
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