x
Breaking News
0

Square rolls out mobile sales register software to firms worldwide

TechnologyNov 20, 2014 12:59PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Square rolls out mobile sales register software to firms worldwide

LONDON (Reuters) - Square, a mobile payments firm founded by Jack Dorsey, one of the creators of Twitter, is rolling out software worldwide that allows businesses to track sales, inventories and other data on smartphones and tablets.

Square Register, which is available on Google's Android and on Apple platforms, is a mobile application that shops and other business use at the point of sale.

"The cash register was invented to solve the basic pain points of running a business, like recording sales," Dorsey said at a launch event in London on Thursday.

"Our Register empowers sellers to drill into their business with sophisticated reporting tools to run and grow their business."

The app will be available in English, Spanish, French and Japanese, and supports 130 currencies, the company said.

Square, which is valued at about $6 billion according to a report in August, is better known for providing businesses with credit card readers that plug into smartphones and allow mobile payments.

The company said it was not yet making the readers available outside the United States, Canada and Japan, however.

In that market, Square is facing increasing competition from the likes of PayPal and Amazon, both of which charge a lower percentage fee per swipe than the 2.75 percent imposed by Square in the United States.

(Reporting by Paul Sandle; editing by Jane Baird)

Square rolls out mobile sales register software to firms worldwide
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post
Post also to:
1000
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post 1000
Please wait a minute before you try to comment again.
 
 
 
Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Add Chart to Comment
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.