Square (financial services)

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Square is a point-of-sale system for sellers with physical or online stores. Launched in 2009 by Block, Inc. (formerly Square, Inc.), it enables merchants to accept card payments and manage business operations. As of 2024, Square is the U.S. market leader in point-of-sale systems, serving 4 million sellers and processing $228bn annually. Square is cloud-based and offers both physical devices, which read payment card information, and software. It offers financial services and includes features designed to support business operations. Square provides e-commerce and inventory capabilities, customer appointments, payroll processing, shift scheduling, and access to banking and business loans. As of 2024, Square is available in the United States, Australia, Canada, France, Japan, Republic of Ireland, Spain and the U.K.