New square stand combines iPad with built-in Apple Pay and credit card reader

Square today announced a new version of its Square Stand point-of-sale system that allows businesses to easily accept in-person payments.

The second-generation Square Stand combines an iPad, the Square POS app and a built-in payment reader for contactless payments like Apple Pay and chip-enabled credit and debit cards. The original Square Stand required a separate payment reader.

Featuring the same swivel design as the original, the new Square Stand can be easily turned toward customers at checkout. There are several ways to pay, including tapping your iPhone or Apple Watch with Apple Pay, tapping a chip-enabled card, or inserting a chip-enabled card. For magstripe payments that still require a swipe of a card, Square sells a magstripe reader that plugs into the Square Stand's audio jack.

The new Square Stand is available to order starting today for $149 in the US, and in the UK in June. The stand is compatible with 10.2-inch and 10.5-inch iPad models, such as the ninth-generation iPad and third-generation iPad Air. The iPad must be purchased separately, but the Square POS app is free.

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