Payments processor Square said Tuesday it is launching Square for Restaurants, a software platform for restaurant operations designed to bring more small businesses into the Square ecosystem. The software — which Square calls its most sophisticated software yet — ties together in one place all of a restaurant’s operations, from booking tables to managing the after-meal check.
Read the entire piece at https://www.cnbc.com/2018/05/08/square-announces-restaurants…
This software is similar to POS (point-of-sale) software Square has launched in the past: Square for Retail (for retailers obviously) and Square Appointments (for service-oriented businesses).
It will be folded into Caviar’s platform: https://www.fool.com/investing/2017/07/08/squares-caviar-now…
At first glance, it looks like it will compete with Global Payments’ (GPN) Xenial platform: https://www.xenial.com/
Long GPN, SQ
MasterCard (MA), PayPal (PYPL), Skechers (SKX) and Square (SQ) Ticker Guide
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