August 6, 2018Blog Posts

Square announces new tools for its move upmarket

MarketWatch

Square Inc. said Thursday that it would start opening up its hardware to developers for the first time, a move intended to help the company attract larger enterprises as clients.

The new Square SDK Reader tools will allow for Square’s payment-processing capabilities to be built inside existing, third-party point-of-sale systems. The idea is that, for example, doctors’ offices, with complicated back-office and privacy requirements, have been precluded from conducting their operations via a dedicated Square terminal. Now they’ll still be able to use their existing medical point-of-sale products, but they’ll also have the option to embed Square’s payment-processing capabilities.

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