Square — Point-of-sale hardware and commerce software for retail, restaurants, and appointments

Square helps in-person and online businesses accept credit card payments, run POS registers, manage inventory, and handle payroll.

About Square

Square (Block Inc) transformed in-person commerce by turning mobile devices into payment terminals with its iconic square reader. Today, Square offers an end-to-end commerce ecosystem including Square POS, Square Terminal, kitchen display systems, appointments scheduling, and online storefronts.

Key features

  • Hardware POS Terminals & Registers — Sleek contactless card readers, iPad stands, and standalone POS registers.
  • Square POS Software Suite — Track real-time inventory, modify item menus, and view daily sales summaries.
  • Unified In-Person & Online Sales — Sync store inventory automatically between physical registers and online stores.

Pricing

Pricing model: Freemium.

  • Free POS Software — $0 — Zero monthly software fees, 2.6% + 10¢ in-person card fee, Free magstripe card reader
  • Square for Restaurants Plus — $60 / month — Advanced table management, Kitchen display system, Live sales reports
  • Square for Retail Plus — $60 / month — Barcode scanning & printing, Purchase orders, Multi-location inventory

Pros

  • Zero monthly subscription fee required to accept in-person card payments
  • Hardware is beautifully designed and highly durable in busy hospitality settings
  • Instant transfer to bank account available 24/7

Cons

  • Manual key-in card fees are higher (3.5% + 15¢)
  • Not optimized for complex international cross-border SaaS billing like Stripe

Platforms

iOS, Android, Web, Square Hardware

Related free ToolVerse tools