Want to learn about square POS? You’re on the right track. In this blogpost, you will get an in-depth knowledge of this POS and its pricing plan. A POS (point of sale) has been the easiest and fastest Means of Payment These Days. Let’s Dive into The Square POS Without Wasting Much Time.
What’s Square POS?
This is mobile POS system available for iOS and Android devices, the app uses a credit card reader and your mobile phone to process payments which makes it a great value for businesses especially small scale businesses.
The POS is a good option for companies that requires retail services along with online ecommerce services. Square has expanded its services to include;
- Customer loyalty
- Inventory control
- Small business loans.
This type of POS is known as the best free POS software in the market today, with powerful and exclusive features and very affordable credit card processing rates, this type of POS is ideal for small scale businesses. It anticipates the need of SMBs and entrepreneurs in various business processes and has been able to grow because of its solid reputations.
Square Payment Option
You’ve already known or come across the square payment option on the internet or from a friend. Square is a free app that allows you to accept credit cards as means of payments with its POS feature.
When you sign up for a square account, you’ll receive a magstripe card reader that you can plug into your phone charger port. With this card reader, you as a business merchant can accept credit card payment from customers anytime and anywhere.
Once a customer is ready to pay, they just swipe their credit card or dip their chip depending on the squares hardware you are using. This kind of POS guides new users on how to carry out a transaction when using it for the first time.
Square POS Pricing
The square mobile POS app may not charge you a setup o monthly fee, but it takes a little percentage of each transaction with the rate of the transaction depending on which square hardware card reader you are using.
This POS is a free mobile app but it’s processing fees are competitive and very easy to understand. Square POS charges 2.6% or 0.10$ for basic transaction and 3.5% or 0.15$ for manual transactions, and also 2.9% or 0.30$ for online transactions. Square POS prices may be higher than its competitors, but believe me there are hidden costs to deal with in the future.
If you need a more this POS advanced features e, you should consider square for retail and square for restaurant POS.
This POS has an offline mode feature that accepts credit card payments even without an internet connection.