Square’s latest version of its popular Square Stand payment terminal comes with a built-in payment reader, the company announced on Monday. The stand allows businesses to mount an iPad so it can be used as a point-of-sale device, but the previous version required a separate reader to accept payments from a card or phone.
The new version has its card slot and contactless payment reader right next to the display, and like the previous version of the stand (which launched in 2013), the device is designed to rotate, giving you access to those payment options when it’s time to pay.
Square, a subsidiary of Block, also says the booth has new software. “New software for Square Stand creates a faster, more transparent checkout process that includes an order summary screen and illuminated payment icons on the front of the device to guide customer transactions and expedite purchases,” the company said in a press release. “These additions offer sellers and buyers the benefits of a customer display without the need for a second screen.”
The new Square Stand is available now for $149. However, it is not compatible with every iPad on the market. It only works with 2021, 2020, and 2019 base iPads with a 10.2-inch screen, the 2019 iPad Air (which doesn’t have the design introduced with the 2020 iPad Air), and the now-old 10.5-inch iPad Per .