Dining out is about to get a little quicker and easier with new table-side payment terminals from Square, the Wall Street delivery darling and parent company of Caviar and Zesty. Bringing two of Square’s newest products together, this update integrates Square for Restaurants with Square Terminal for an integrated handheld option that enables restaurants to turn tables faster and accept mobile payments.
“We’re extending the functionality of Square for Restaurants by integrating it with Square’s newest hardware,” said Alyssa Henry, seller lead at Square. “Restaurants using Square Terminal will be well-equipped to let diners pay any way they want—contactless cards, smartphones, or watches—and stay ahead of the curve when it comes to payments technology.”
Servers can split the bill; modify checks; receive tips; and accept tap, dip and swipe payments on the Square Terminal. This all-in-one package also saves time for restaurants at close of day; since tips are entered digitally by diners, Square Terminal eliminates manually reviewing receipts and tips at the end of service.
“In a restaurant, one of the few times diners looks at their watch is when they’re ready to pay and leave. Taking payments tableside…helps speed up that process,” said Naama Tamir, owner of Lighthouse restaurant in Brooklyn. “Sometimes we even drop it on the table for diners to check out themselves—it’s so easy to use, and saves everyone time.”
Square Terminal costs $399 per device, and new-to-Square sellers who make the switch pay $99 for Square Terminal after a $300 processing credit.