Square’s move into online payments has resulted in it becoming the first payments provider in Australia to offer in-store, mobile and online payments. According to Jack Dorsey, Square’s Chief Executive Officer, it is the numerous payment methods that makes Square “truly omnichannel” as described by the CEO.
According to Jack Dorsey, Square’s Chief Executive Officer, it is the numerous payment methods that makes Square “truly omnichannel”.
The new offering of online transactions is achieved through the use of APIs which can be integrated into business websites and customer point of sale apps or used via popular e-commerce websites such as BigCommerce, Weebly, Ecwid, Wix or Woo Commerce which have already built that capability.
Square’s APIs are free to setup, but each payment accepted is charged a fee. Online payments are subject to a 2.2% fee for any Visa, MasterCard or American Express transactions, while point of sale transactions are charge 1.9%.
Image source: Square Payment