Mobile payment company Square, makers of easy payment solutions for iOS devices, has announced a new iPad app called Square Register, which aims to replace traditional cash registers with iPads.
“I truly believe POS, as you know it today, is dead,” says Megan Quinn, director of products at Square. “This will bring Square to an entirely new, small-market audience (bricks-and-mortar stores).” The new app extends Square far beyond just a payment-processing service. It replicates and, Square claims, enhances the features of a cash register for mom-and-pop storefronts. The app accepts cash and credit payments, lets merchants easily list menu items, and tracks the history of customers’ purchases.
The app is available now as a free download (App Store link), and works in conjunction with Square’s popular plastic card reader for iPhone and iPad, with Square taking 2.75% of each transaction made using their payment service.