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Square Roll E-Pay Solution Out For Oz Market

San Francisco-based tech startup Square have rolled out their point of sale API to the Australian market, promising to provide a powerful and easily-integrate payment solution that helps grow businesses.

According to Square’s Australian Country Manager Ben Pfisterer the move will “vastly increases the capability of the Square platform and enables deeper partnerships with third party solutions.”

He says “it’s more common than ever for businesses of any size to sell their products or services online and in-person, so having a fully integrated omni-channel system gives them a powerful advantage. With Square, businesses can now accept payments through any channel and gain a single, holistic view of their business, which vastly reduces the complexity of having to navigate numerous, disparate systems.”

Integrating Square’s APIs into your platform is free but payments accepted online using the Square API for e-commerce will be charged at the flat rate of 2.2% per transaction for any Visa, MasterCard or American Express transaction while payments accepted in person using Square hardware via applications will be hit with 1.9% per transaction fee.

Melbourne’s SwiftHero are set to be the first local business to integrate Square’s API, allowing them to accept credit card payments from within their app – which matches tradespeople with potential clients.

“Using Square’s API for point of sale has made taking card payments on the spot effortless, which is what everyone is starting to expect. Payments are instant, making SwiftHero providers’ and customers’ lives easier” said Hacik Ozdil, co-founder at SwiftHero.

Ozdil says “Integrating couldn’t have been easier; as simple as plugging a Square Reader into a phone. This level of simplicity and ease of integration has allowed us to focus more time on SwiftHero.”