LIVE FROM THE 125 EVENT WITH THE FINANCIAL TIMES: Square has made its point-of-sale software available globally, while CEO Jack Dorsey (pictured) said the payments firm could partner up again following this week’s announcement with messaging firm Snapchat.
Previously Square Register – including its distinctive square-shaped dongle hardware as well as software – was available in US, Canada and Japan. A global launch has been eagerly awaited for some time.
Now Square Register’s software-based back office tools will be available globally but will not handle point-of-sale payments.
“We think the software is valuable enough to stand alone and we see a ton of sellers who have routed around restrictions to use it already. We think it’s a great replacement for a cash register. It’s a start. As we see these markets take off we can invest more and say ‘for this market payment make sense’,” said Dorsey, in answer to a question from Mobile World Live.
Also, Dorsey responded to another Mobile World Live question about the deal announced earlier this week whereby Square supports Snapchat’s move into mobile payments. The messaging firm launched a P2P money transfer service based on Square Cash.
“Square Cash has a lot of potential to make moving money easier. It is a very fluid experience to move money quick. Integrating into other services has a lot of potential.”
Meanwhile, the global version of Square Register includes sale tracking, item and inventory management.
In addition, there is a dashboard providing analytics for sellers to better understand their business and customers, as well as the ability to offer digital receipts to customers.
Square Register is available as free iOS and Android apps.