🌐Square🇺🇸 expands offline payment capabilities for merchants worldwide
🌐Square🇺🇸 expands offline payment capabilities for merchants worldwide
The company specializes in technology developments (mainly at the hardware device level). However, the "Offline Mode" solution created in 2014 was originally intended for magnetic stripes, and now covers the topic of contactless payments and SIM cards.
➡️ The optimization covers the needs of 90% of equipment sellers for offline payments.
➡️ Merchants will be able to continue processing transactions even when connection issues occur, whether caused by remote location, technical issues on their end, or card network failures.
➡️ There is a 24-hour window to reconnect and upload transactions that need processing. This ensures that consumers do not encounter any difficulties when making purchases.
➡️ Notifications regarding service failures and updates operate in real-time.
➡️ Additionally, there is a "Buy Now, Pay Later" feature through Afterpay, along with options for staff management and payroll calculation.
➡️ In December 2023, Square announced the launch of Tap-to-Pay on iPhone for its merchants across the UK🇬🇧. This launch made the UK the third global market where Square offered this technology to merchants. The Tap-to-Pay feature is available in the Square Point of Sale, Square for Retail, and Square Appointments iOS apps.
#world_wide #news #Europe
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