Cash Drawer Compatible With Square Reader Samsung Tablet

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Square is probably most known for its little white mobile credit card swiper, but the company has expanded so much in the past few years that business owners now have a broad spectrum of Square equipment that caters to nearly every type of business available to them.

Sure, you can still get those little mobile card readers from Square. You can also get a countertop POS system complete with a customer-facing display or a slim, portable credit card terminal with a phone-sized, high-resolution screen and built-in receipt printer. And if you'd like to print paper receipts and have an automated cash drawer, Square offers a wide range of compatible hardware. You can even save some money by opting for one of Square's ready-made hardware bundles.

In this post, we're going to take a look at your options. We'll start with the simplest Square equipment and move on to the most comprehensive kits. We'll also talk about what you can do to control your costs and manage your cash flow with Square's financing. If you're still curious about Square's offerings, we also recommend checking out our complete, in-depth review of Square, which covers hardware as well as the software.

What Do I Need To Use Square?

To start taking payments with Square, you don't actually need any equipment. You can start accepting payments on the same day you open your account, right from the virtual terminal at your dashboard. But if you want to lower your processing rate, you'll want to use one of Square's credit card readers so that you can securely process chip and/or contactless payments.

Compare rates between the reader and manually entered payments:

• Square's standard processing fee is 2.6% plus $0.10 for contactless, swiped, or inserted cards
• Manually keyed-in payments using card-on-file processing or virtual terminal are 3.5% plus $0.15

We've listed out options for you in Square equipment, but know that you can go as simple or as complex as you need. The Square POS app and/or dashboard at your PC is yours and completely free, despite what equipment you use, and comes with a whole host of features, including:

• Sales and customer reports
• Card-on-file storage
• Virtual terminal
• Invoice management
• Inventory features
• Storage of customer data (email, name, cards)
• Square Online Checkout features (create a payment button without a full site)
• Access to additional Square features, such as Square Marketing

When you need something more substantial, you have plenty of options. Keep reading to find out about Square equipment — and what you need to know before you buy!

Square Equipment Buyer's Guide

You can purchase Square equipment and accessories directly from Square, but now you can get them at the big-box stores, too. Though when I checked out pricing for the Square Terminal at Best Buy, Walmart, and Amazon, the prices reflected the full retail price you'd find directly at Square. If it were me, I'd purchase my equipment directly from Square just because the original payment documents would be easier to track down should there be any issues down the road. From what I can see, Square offers more cost-effective financing terms than you'll find at the big-box retailers, too.

Returning Square Equipment

Keep in mind that if you want to return your equipment, you'll be subject to the return policies of whatever store you purchased from, as you can only return items to Square if you bought them through Square. Square's return policy states that:

If you are not fully satisfied with your purchase, you may return your Products within thirty days of delivery as long as they are in their original condition and packaging and you enclose the original packing slip. iPads and Apple Product returns must be unopened for returns to be accepted.

Purchasing Square equipment directly from the store puts you under whatever return policy the store has. Warranties, however, work a bit differently.

Limited Warranty On Square Equipment

Square provides a limited warranty for most equipment (e.g., the chip card readers, Square Stand, Square Terminal) — regardless of where you purchase it. However, the warranty does not transfer, so no dice if you've purchased this used on eBay or if someone passed a reader on to you.

After initiating a warranty claim process, Square will ship you replacement hardware, but you must send your old hardware back within 14 days of receiving your new unit, or your account will be charged. All of these details are provided during the warranty claim process. Square provides a FedEx label and pays for shipping both ways, which is nice to see. However, be careful that you include the documentation and original packaging as instructed, or you could risk being charged. Always save your packaging!

Check out Square's full Hardware Policies and Limited Warranty page for more on the finer details.

Square Mobile Card Readers

Square's mobile readers are ideal for businesses that are always on the go — farmer's market stalls, service businesses, food trucks, etc. These card readers work with any of Square's POS apps as well. However, compatibility with specific tablets or smartphones will vary — and you should check before you buy that a card reader is compatible with your device. Square has a helpful compatibility checker tool on its website for this purpose.

Square Magstripe Readers

Square has been offering free basic magstripe readers for years. The boxy design hasn't changed significantly over time, and it's simple to use. Recently, the company added a Lightning connector variant in addition to the 3.5mm headphone jack connector. Square used to sell a 3.5mm adapter, but that's no longer available (because it's no longer necessary). However, I will say that adapters from other makers will work for the same purpose.

New Square merchants get one free card reader; additional card readers sell for a very reasonable $10. Unlike PayPal Here, Square doesn't impose excessive limits or restrictions on transactions processed with a magstripe reader. There's no limit to the number of swiped transactions you can process before you trigger a hold. (All Square merchants do have a per-transaction limit of $50K, but Square suggests splitting up payments into multiple installments as a workaround if needed.)  That's a nice touch. If you process large transactions or do a significant volume of credit card payments, you should look at upgrading to a chip-card-capable reader because you'll be better protected from certain types of credit card fraud.

Magstripe Reader Quick Facts

• Free for new merchants
• $10 retail price
• 3.5mm headphone jack or lightning port connectors
• Supports magstripe transactions

Square Contactless + Chip Reader

Square's Contactless + Chip Reader is a departure from Square's earlier mobile credit card readers. First, it connects via Bluetooth. Second, it doesn't support magstripe transactions at all. Instead, Square includes one of its free magstripe reader in the box as well.

Square also sells a charging dock, which can be plugged into a wall or the Square Stand's USB hub. It sells for $29 separately. You can use it in a countertop retail environment and let customers insert their payment cards themselves, or you can set the dock aside and grab the reader by itself whenever you need to make a transaction. Check out our Contactless + Chip Reader review for a close-up look at the device.

Contactless + Chip Reader Fast Facts

• $49
• Charging dock sold separately ($29)
• Bluetooth connection
• Supports chip card and contactless transactions
• Basic magstripe reader also included

Square Countertop POS Equipment

If you'd like something a bit more permanent and stationary in your POS setup, Square offers options tailored to different environments. The offerings here get a little more complex, so bear with me!

Square Stand For Contactless + Chip

The Square Stand has been one of the company's core offerings for a long time. It swivels, has minimal cords, and looks good. Square later re-launched it and bundled the Contactless + Chip Reader as well as the reader's dock and brought the price up to $199, which was lowered to where it currently sits at $169.

Square doesn't include a receipt printer for the Stand, but a printer is available in the hardware bundles. Likewise, Square doesn't include an iPad with the Stand, but you can purchase one directly from Square for an additional $329.

Because the Square Stand runs on iPad, it can also support merchants using Square Point of Sale, Square for Retail, or Square for Restaurants. There is an assortment of recommended hardware bundles for the Square Stand, but if you prefer to build your own setup, you will be happy to know that the Square Stand supports USB, Ethernet, Wi-Fi, and Bluetooth printers, as well as other devices.

Square Stand Fast Facts

• Accepts magstripe, chip card, and contactless transactions
• $169 (iPad sold separately)
• Includes Contactless + Chip Reader and dock (integrated magstripe reader in stand)
• Compatible with Square Point of Sale, Square for Restaurants, Square for Retail, Square Appointments

Square Terminal

Square Terminal, the newest addition to Square's lineup of hardware, takes the concept of the Square Stand and the traditional credit card terminal and combines them into one portable machine. The display is large enough to be a fully functioning POS (it runs Square Point of Sale, the free app). It accepts magstripe, chip card, and contactless transactions. It even has a built-in thermal receipt printer.

While you can operate Terminal by keeping it plugged in, Square promises the battery will last all day if you prefer to go wireless. You also get a cleverly-designed power brick and USB hub to connect accessories, such as the USB barcode scanner and cash drawer. Bluetooth accessories aren't supported, so the USB hub will be important for some merchants.

While Terminal runs Square Point of Sale, it also offers some compatibility with the iPad-based premium POS app, Square for Restaurants. Specifically, Terminal can be used for tableside ordering and payments. It doesn't support all of Square for Restaurant's features, though, so it's essential that you make sure the Terminal fits your needs. Check out our Square Terminal review for an in-depth look at the hardware.

Square Terminal Fast Facts

• Accepts magstripe, chip card, and contactless transactions
• $299
• Runs Square Point of Sale (limited compatibility with Square for Restaurants)

Square Register

Square Register definitely targets a higher-end market with a price tag of $799 — not counting a cash drawer, receipt printer, or barcode scanner. However, for that price, you get a 13.25-inch screen running Square Point of Sale as well as a 7-inch consumer-facing screen with integrated support for magstripe, chip card, and contactless transactions.

Note that Square for Retail Free, Plus, and Premium plans are now available for Register. Square for Restaurants Free is available, but you can't run Restaurants Plus or Premium or Square Appointments with this setup, unfortunately.

All in all, Square Register is a gorgeous piece of hardware that would look great in a retail space. The addition of the customer-facing display, combined with all of the supported hardware, brings Register on par with more traditional countertop POS systems.

Square Register Fast Facts

• Accepts magstripe, chip card, and contactless transactions
• $799
• Runs Square Point of Sale (back-end features compatible with Square for Retail)

Square POS Bundles

Square's POS Kits are available for the Square Stand and Square Register — but if you'd prefer to use a different tablet stand for an iPad, Square also offers some alternatives. It would be a bit redundant and very overwhelming to go through every single bundle that Square offers, so let's focus on what it has in broad terms.

The biggest advantage of choosing a Square POS kit is the cost savings. Buying individual accessories from Square will cost more than purchasing a bundle. Square lists the prices as "starting at" for most bundles, but that's usually because you have the option of buying an iPad direct from Square. (Note that you can only get the most recent model of iPad.)

Let's start by looking at what the Square Register and Square Stand bundles look like, versus the alternative tablet stands.

Square Stand Kit

Square Stand on its own is pretty affordable, but if you opt for the bundle, you'll pay $646. This cost has decreased since the last time we published this post in December 2019. Your Square Stand Kit includes the following:

• Receipt printer paper (25 rolls)
• USB receipt printer
• 16-inch printer-driven cash drawer
• Square Stand for Contactless and Chip

If you decide against the Square Stand Kit, keep in mind that you can use any piece of hardware that works with an iPad running Square Point of Sale as well as USB-enabled devices. That includes barcode scanners and receipt and kitchen printers in addition to cash drawers.

Square Register Kit

This Square POS bundle includes the tablet and costs $1,329. The kit also includes:

• 16-inch USB cash drawer
• USB receipt printer
• Receipt printer paper (25 rolls)
• Square Register

Square only recommends the Register Kit for businesses with routers, not mobile setups. That's not too surprising because it's clearly not a mobile setup. Register does support some USB and Ethernet printers (and one Wi-Fi printer), but it does not support as many devices as the Square Stand or just a standalone iPad.

Square Point of Sale is included, and Square for Retail and the Square for Restaurants Free plan is supported. However, this POS bundle does not currently support Square Appointments.

Square Stand Restaurant Station With Square Terminal

We're glad to see a more complete POS bundle for restaurants in the Square Stand Restaurant Station with Square Terminal for $1,343. You will need to bring your own iPad or purchase one directly from Square for $329. Otherwise, here's what you'll get:

• Square Stand for Contactless + Chip
• Square Terminal 16-inch printer-driven cash drawer
• Ethernet kitchen printer
• Kitchen printer paper (25 rolls)
• Receipt printer paper (25 rolls)
• USB receipt printer

You can process chip cards, NFC contactless cards, Apple Pay, Google Pay, Samsung Pay, and magnetic stripe with this POS bundle.

Other Square Bundles

If you'd still like to use Square on a tablet — but without the Register or Square Stand — you can get a selection of Heckler brand tablet stands designed for iPads as well as Galaxy Tab A devices.

Prices vary by the tablet stand model as well as whether the kit includes an Ethernet or wireless printer. Which card reader Square includes depends on the model of iPad (remember, early models of iPad can't upgrade to the iOS version required to support the Contactless + Chip Reader). And again, you can mix and match tablet stands and other devices to create a custom setup, though you will ultimately pay more than if you chose one of Square's premade bundles.

Other Square Accessories

When you check out Square's hardware shop, you can also browse standalone accessories for Square's products. I like that the site has added the ability to filter compatible accessories by the POS device. The available accessories include kitchen printers, USB and Bluetooth barcode scanners, Wi-Fi routers, and more.

However, these are far from your only options. Square supports an extensive array of hardware in addition to the options available directly through its shop. Here are a few more:

Now that you've had an overview of where to buy, what's available, and costs, what about financing options with Square? Read on to find out how you can purchase what you need and make monthly payments to stay on budget.

Consider Financing Your Square Equipment

There's one last factor to consider when shopping for hardware from Square: the cost. If you are worried about the price of Square's hardware or the overall price of accessories, you'll be glad to know that Square offers financing options on purchases of $49 or more. Generally, the limit is $10,000, but you can apply for an increased limit. Depending on the total sum you're financing, Square offers payback terms of three, six, 12, and 24 months.

Square will deduct your payments from your total processing volume before disbursing funds to your bank, so you don't have to worry about making monthly payments. Eligibility depends on a credit check, and the financing program isn't available in all US states — it isn't available in Alabama, Delaware, Mississippi, Missouri, New Hampshire, or Tennessee.  However, if you are eligible, this could be a great option.

Square's markup for financing is reasonable, and the program is managed by Square directly, so you don't have to worry about a shady third party stepping in. For the $299 Square Terminal, for example, Square advertises that you can pay $27/month for 12 months instead of $299 upfront. If you finance, you'll pay $324, meaning there's a $25 markup. Considering that most financing programs include some kind of markup, this is a fair price.

If you can't afford the upfront investment in hardware, Square's financing can help you manage your cash flow better. And I like that it's not a leasing program — when you're done paying off the hardware, you own it.

How Do I Apply For Square Monthly Payments For Equipment?

To apply for payment installments on your Square hardware, you'll need to purchase directly from Square. You can also find financing options on the big-box store sites (such as Best Buy), but you'll essentially be opening a new credit card to do it if you purchase from a retailer.

When you add the item to your cart and make all of your selections, you'll go through the checkout as usual and select the installments option when it gets to that part of the checkout process.

Note that Square does run a soft credit check before approving, which does not affect your credit score. If your application doesn't go through or you change your mind and decide not to pay in installments, your credit is also not affected. However, if you do accept the terms and conditions of the monthly installment payments, Square will complete the hard credit inquiry notifications to the credit bureaus.

Additionally, you may see repayment options at three, six, 12, or 24 months, depending on your total order price. Again, installment payments for Square equipment can help you purchase on any cart subtotal of $49 or more, all the way up to $10,000. However, if you do need more equipment, you can contact Square for an account review.

Which Square Equipment Is Right For You?

If you have a mobile business, or you simply want something small and portable, you can get a cheap, affordable mobile card reader. If you need something more substantial, such as a countertop setup, however, you have plenty of options!

There's Square Terminal with its very small profile, Square Stand for a good entry-level piece of hardware, and, of course, Square Register. Plus, the Square bundled kits allow you to easily add a cash drawer, receipt printer, and any other hardware you need. The number of options can seem overwhelming, but it comes down to how portable you need your hardware to be and what you can afford.

One of my absolute favorite things about Square is that the company offers a huge array of very affordable hardware for all types of businesses. Some companies might only offer a few options, use expensive leases, or charge an arm and a leg just for a single terminal. You don't have to worry about a binding lease with Square. We love that, depending on your needs, the price is competitive, and there are hardware options to suit businesses that work with all of Square's Point of Sale apps. That's already a compelling reason to go with Square. Throw in affordable credit card processing and great customer service, and it's easy to see why Square is a favorite among small businesses.

If you're still just learning about Square, be sure to read our complete Square review! You can also check out our Square Point of Sale, Square for Retail, and Square for Restaurants reviews to learn more about the point of sale systems.

Thanks for reading! Leave us your thoughts and your questions in the comments below!

Cash Drawer Compatible With Square Reader Samsung Tablet

Source: https://www.merchantmaverick.com/a-guide-to-square-credit-card-readers-and-pos-bundles/

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