Friday, October 19, 2018

Square launches Terminal, an all-in-one device for card and mobile payments

Square is launching a new point-of-sale hardware device called Terminal, which can accept credit card and mobile payments through Apple Pay, Google Pay, Samsung Pay, and NFC. Square Terminal is a portable all-in-one device that can process payments over Wi-Fi and print out receipts, signifying the company’s focus on expanding its services to more types of sellers and buyers.

Square’s goal with Terminal is to get businesses to replace their legacy payment terminals with Square Payments point-of-sale software. Business owners can charge customers by manually inputting a payment amount, or by selecting from the inventory displayed on the screen. Sellers can add items and track sales through Square software, which they can set up on their...

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