Payments

Square Unveils 'Offline Mode' and Inventory Tracking Features

Former Staff Writer
2 min read

Mobile payments company Square will roll out three new tools this week to enhance the checkout process for business owners large and small.

First, Square will enable sellers to accept credit card payments sans internet connection with a new offline mode, which temporarily logs payment information until a connection is reestablished.

This feature is particularly handy, the company said, for transactions at expos, outdoor markets, trade shows or other events where Wi-Fi and cell connectivity are shaky or poor.

Related: Rumors Swirl That Square Is for Sale

Next, Square will unveil an inventory tracking feature whereby sellers can manage their stock quantities via a web dashboard -- which will be compatible with the company’s in-person Square Register checkout tool as well as its ecommerce component, Square Market.

Users can set up alerts "so they are never caught off guard by low inventory,” Square said.

And finally, the company will introduce a tool that enables consumers to preorder items from Square Market -- via online or mobile -- and then pick them up in-store. With an introductory rate of 2.75 percent through July 1, the pickup feature will ultimately charge an 8 percent processing fee per order.

This feature is especially useful for restaurants, Square said, noting that ‘food and beverage’ is the second most popular category of all goods purchased on smartphones.

Related: Square Market Now Takes Bitcoin Payments

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.