Square Review

flag Free setup & no hidden fees
  • Create customer profiles in seconds

  • Simple to use inventory management

  • Increase sales with comprehensive reports

  • Sleek hardware tailored to your needs

Pros & Cons

  • Wide range of features that can handle all major aspects of running your business
  • Predictable pricing based on volume of transactions
  • Free to get started
  • Financing options for more expensive hardware
  • Easy to set up and customize to your needs
  • Does not work with high risk industries such as firearms
  • Limited phone support that does not extend to weekends
  • Price can get high when you start using all of their add-ons

Plans & Pricing

Square offers a lot of services to small businesses and because of that, their pricing is broken down across 3 main packages:

Free

Sell in person, online, over the phone, or out in the field. No setup fees or monthly fees — only pay when you take a payment.

Plus

Get advanced features designed specifically for restaurants, retailers, or appointment-based businesses. Upgrade when you want to, and cancel anytime.

Premium

Build a bespoke plan that meets the complexity of your operations. Custom processing rates may be available pending eligibility.

Included with every Square account:

  • Transfers as soon as the next business day
  • Account takeover protection
  • Fast online signup
  • End-to-end encrypted payments
  • Live phone support
  • Free Square Point of Sale app
  • Active fraud prevention
  • Dispute management

In the US, there is a current limited-time offer: Switch to Square and get $50 off Square Terminal for a limited time with code NEWTOSQUARE

Valid through: 2/20/2024 – 3/5/2024

*Offer expires March 5, 2024, at 11:59 p.m. PST or while supplies last, whichever comes first. Offer for $50 off cost of one Square Terminal excluding applicable taxes. Code is limited to one redemption per New-to-Square Hardware account holder. Valid for Square customers located in the US only with a U.S. bank account. Offer not valid with guest checkout. Square reserves the right to modify, revoke or cancel the offer at any time. This offer cannot be combined with any other offer. Void where prohibited, not redeemable for cash, and non-transferable

Square Canada Pricing

Free $0/month 2.9% + $0.30 per transaction
Plus $36/month 2.9% + $0.30 per transaction
Premium $99/month 2.6% + $0.30 per transaction

Free
$0/month
Plus
$29/month
Premium
Custom
Free
£0/month
Plus
£20/month
Premium
£64/month

Overview

Square is a financial payments company founded by Jack Dorsey (Twitter founder) and Jim McKelvey on February 1, 2009. After multiple rounds of funding, they went public in 2015 and currently serve millions of merchants across the globe. The product is a suite of tools that allow businesses to collect payments, manage employees, and create loyalty programs. It is ideal for retail locations and restaurants due to their custom built solutions.

Rating

  • "Price"
    9 /10
  • "Features"
    10 /10
  • "Ease of Use"
    9 /10
  • "Help and Support"
    8 /10

Features and Functionality

Square has one of the biggest feature sets among POS solutions. It has the core POS functions you expect like taking payments and printing receipts. In addition, they have many mission-critical add-ons such as payroll and employee management.

Tailored solutions for different business types

If you are ready to dive in properly, you can choose between multiple solutions based on your business. They have restaurant, retail, and appointment/invoicing solutions that were built from the ground up for those specific business types. Each solution gives you deep business insights and allows you to work in a way that flows with your business rather than against it.

Customizable dashboard

Not all reports and tools are relevant to every business. With Square, you can drag and drop widgets onto your main dashboard to get a snapshot of the most important information right when you log in. They also have a complimentary mobile app dashboard.

Inventory management

Square comes built in with inventory management software. They are not as robust as specialized tools but you can create barcodes, item categories, inventory count, and set tax rates.

Add-ons

Square has a number of software products and services you can purchase for a small fee as an add-on. These range from employee and floor management to marketing tools and an Ecommerce storefront. Some of these include:

Gift Cards

Choose between premade cards or create your own custom cards.

Employee Management

Define roles, track point of sale data on a per employee basis, set up electronic time cards, and view employee performance/analytics.

Payroll

Sync employee management tools, access benefits, manage 401K, track time, and add contractors.

Email Marketing

Sync customer contact records, send out newsletters, set up email automation workflows, create coupons and track redemptions, and share on Facebook.

Loyalty

Create traditional punch card or tiered loyalty programs, access performance analytics, and send SMS messages to your members when they earn points.

Square Restaurants

This is a tailored restaurant solution that syncs the back of house and front of house. You can manage tables, menus, get staff analytics, and sales reports from a single dashboard.

Square Retail

This solution brings together inventory management, customer relationship management, and specialized retail analytics to help run your business.

Hardware Requirements

The only hardware requirement is the initial free square reader that is compatible with an iPad, iPhone, and many android devices.  Additional ones can be bought directly from Square or you can adapt your own devices.

You can also opt to get registers, terminals, stands, and other hardware as mentioned in the pricing section. The most expensive hardware comes with the ability to finance the purchase over the course of 12 – 24 months.

Integrations & Add-ons

Square has add-ons like its email marketing suite, loyalty programs, and retail/restaurant platforms which we have already touched on. These are not necessary to utilize Square but increase its usefulness.

Apart from the add-ons produced by Square itself, they have an app marketplace to connect over a hundred apps to your Square account. These apps include everything from accounting tools like Quickbooks Online and Xero to marketing tools like ActiveCampaign and IFTTT.

Ease of Use

After the simple registration process, you can start using Square immediately. It is made for small business owners, not programmers. The interface was built with that in mind.

If this is your first time using the application or any application like it, the clear navigation labels make it possible to click around and figure out the basic features. For the more advanced functionality, they have many resources available which walk you through everything step-by-step.

The retail and restaurant dashboards are a bit unique because they are built from the ground up for those business types. There may be a bit of a learning curve.

Customer Support

Square is a simple application so you will not need help getting up and running. They offer phone and email support to all of their customers between 6AM and 6PM PCT during the weekdays. They also have a detailed help center, FAQ, and support community available on demand.

  • Phone Support
    Phone support is available from 6AM to 6PM PCT on weekdays.
  • Email
    Email support is available from 6AM to 6PM PCT on weekdays.
  • Video Tutorials
    Video tutorials are available on the official Square support portal and YouTube.
  • FAQ
    Square has a FAQ section and comprehensive knowledge base.
  • Community Forum
    There is a community where you can hear from other merchants at sellercommunity.com.
  • Blog
    The Square blog, called Town Square, is used to distribute news and publish business articles.

Final Word

Overall, Square is a solid POS system for small businesses. They have over 2 million customers around the world and are still growing. There are a few negative reviews around the web but when you take a closer look, you will notice they are from the same people cross posting to different websites. When compared to the entire customer base, the amount of negativity is tiny.

Square shines with its comprehensive feature set and add-ons that allow you to manage almost every aspect of your business from the platform. The predictable pricing and lack of monthly fees makes it appealing to lower volume merchants. A comprehensive support section, customizable dashboard, and ease of use turn it into a great choice to handle your POS needs.

Disclosure
This website is an informative comparison site that aims to offer its users find helpful information regarding the products and offers that will be suitable for their needs. We are able to maintain a free, high-quality service by receiving advertising fees from the brands and service providers we review on this website (though we may also review brands we are not engaged with). These advertising fees, combined with our criteria and methodology, such as the conversion rates, our team of reviewer's finding and subjective experience and product popularity, impact the placement and position of the brands within the comparison table. In the event rating or scoring are assigned by us, they are based on the position in the comparison table, or according to other formula in the event specifically detailed by us. See our How we Rate page and Terms of Use for information. The reviews, rating and scoring are provided “as-is” without guaranties or warranties regarding the information contained in our website, which shall not be considered as endorsement. We make the best efforts to keep the information up-to-date, however, an offer’s terms might change at any time. We do not compare or include all service providers, brands and offers available in the market.
amrita
Amrita Biswas
author

Amrita Biwas is a writer with experience in the field of business technology. Beyond her deep knowledge of business software and automation tools, she has years of experience writing and editing for online publications. Her specialty is SMBs – she’d love to help find your business with the software that benefits you most!

We make the best effort to present up-to-date information; however, the terms of each offer can be revised according to the service provider’s discretion. The above shall not be considered as an expert or professional advice for any matter.

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