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Square is a point-of-sale system for merchants with physical or online stores. [1] [2] Launched in 2009 by Block, Inc., [3] it enables sellers to accept card payments and manage business operations. As of 2023, Square is the U.S. market leader in point-of-sale systems, [4] [5] [6] serving 4 million sellers and processing $210bn annually. [7] [8]
Block, Inc. (formerly Square, Inc. [10]) is an American technology company that provides financial services to consumers and merchants. [11] [12] [13] Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems.
Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada.It was founded in 2005 by Dax da Silva, who served as the CEO of the company until February 2, 2022. [6]
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed.At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.
Clover is a cloud-based Android point of sale platform that was launched in April 2012.The company is headquartered in Sunnyvale, California, United States.As of the quarter ended September 2020, Clover processed $133 billion of annualized card transactions worldwide, making it the largest U.S. cloud POS firm.
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