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Square (financial services)

This article is about the financial services platform. For its owner that was formerly known as Square, Inc., see Block, Inc.
Square
Type of site
Financial services platform
Available inEnglish, Spanish, French, Japanese
Country of originUSA
Area servedUSA, Canada, Australia, New Zealand, Japan, the U.K., Republic of Ireland, France, Spain
OwnerBlock, Inc.
Founder(s)Jack Dorsey, Jim McKelvey
CEOJack Dorsey
IndustryFinancial services
ProductsPoint of Sale, Online Store, Online Checkout, Square Appointments, Square for Retail, Square for Restaurants, Square Kitchen Display System, Dashboard, Business Loans, Team Management, Shifts, Square Marketing, Loyalty, Customer Directory, Inventory Management, Gift Cards, Integrations, Photo Studio
ParentBlock, Inc.
URLsquareup.com
Users4 million merchant clients
Launched2009 (2009)
Current statusActive

Square is a financial services platform by Block, Inc. for small and medium-sized businesses.[1][2] It enables accepting credit card payments using smartphones as POS registers, and facilitates various business operations. As of 2023, Square reports 4 million merchant clients and an annual payment value of US$210 billion.[3][4]

Square includes features to manage operations such as e-Commerce,[5] customer bookings,[6] inventory,[7] payroll, shifts,[8] banking, loan financing etc.[9] It services the markets in the United States, Canada, Australia, New Zealand, Japan, the United Kingdom, Republic of Ireland, France and Spain as of 2023.[10]

  1. ^ "How Square Works | Square UK". Square. Retrieved 2022-09-20.
  2. ^ "How Does Square Work? The Beginner's Guide To Square For Small Business". Merchant Maverick. 2019-07-16. Retrieved 2022-09-20.
  3. ^ Mullen, Caitlin (2023-04-18). "Square rolls out new features for merchants". Retail Dive. Retrieved 2024-02-07.
  4. ^ Block, Inc. (2024-02-22). "Form 10-K for the fiscal year ended December 31, 2023". www.sec.gov. Retrieved 2024-02-23.
  5. ^ "Square Online Store Review 2024: Features, Pros & Cons – Forbes Advisor". www.forbes.com. Retrieved 2024-02-05.
  6. ^ Sherman, Matt (2023-12-01). "Square Appointments Review 2024". Merchant Maverick. Retrieved 2024-02-05.
  7. ^ Stevens, Courtenay (2022-12-14). "Everything You Need to Know about Square Inventory Management". Business.org. Retrieved 2024-02-05.
  8. ^ O'Reilly, Dennis (2023-05-25). "Square Payroll Software Review and Prices". U.S. News & World Report. Retrieved 2023-02-05.
  9. ^ Cite error: The named reference :4 was invoked but never defined (see the help page).
  10. ^ Mullen, Caitlin (2023-09-28). "Jack Dorsey faces full Square agenda". Payments Dive. Retrieved 2024-02-05.

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