Square for Retail Review - why 4.5 stars?

Shlomi Lavi / updated: Sep 07, 2022

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What is Square for Retail?

Square for Retail is a point of sale software designed to help run retail businesses. With the software, users can manage inventory, sell both online & in-store effectively, and build a strong customer relationship. In addition, they can manage teams and generate reports that help increase productivity. Lastly, Square for Retail comes with optional hardware for in-store or OTG payment processing.

Some of the key features of Square for Retail are risk manager, payment platform, SMS marketing, and teams & inventory management. The software is developed by Square™, an internet company with a workforce of over 5,000 employees. The public company was founded in 2009 and has its headquarters in San Francisco, California, United States. The company was listed among one of the best companies for diversity in 2020.

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Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

Square for Retail pricing is based on two plans named Plus and Premium plan. The Plus plan, which is set for businesses that need in-depth retail functionality, is priced at $60 per month per location, and it includes advanced inventory tools, square team management, and advanced retail reports. There are processing rates on this plan, and they are 2.5% + 10¢ for in-person and 2.9% + 30¢ for online.

Alternatively, the Premium plan, which is for businesses looking to scale, has custom pricing that is only available upon request. Meanwhile, there is also a free plan for businesses getting started online and in person. It has the same processing rates as the Plus plan, and it includes a free online store, basic inventory tools, and a free retail POS app.

ITQlick pricing score is 3 out of 10 (10 is most expensive). Access ITQlick pricing guide for Square for Retail. You can also find here pricing information from Square for Retail's website.

Pros

• Affordable pricing
• Provision for a special square business card that holds all funds
• Fairly easy to set up one online shop, and it is generally easy to deploy
• Square for Retail software can automatically enter inventory and process returns

Cons

• The retail version has surprisingly fewer functionalities than the free version
• Customer support service can be improved

How it stacks up?

Access a head to head analysis of Square for Retail vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Square for Retail right for you or your business?

Square for Retail is fit for small and medium-sized business enterprises. The software is developed to serve retail services, food & beverage companies, and beauty, health, and repair professionals. One of such businesses using Square for Retail is HI-LO Liquor Market.