Provided By Business Wire
Last update: May 13, 2025
Today, Square debuted Square Releases — a new biannual product launch that delivers the most important new features and tools, all at once. Born out of feedback from the Square seller community, Square Releases gives businesses a simple, consistent way to discover what’s new, understand what’s next, and take action to grow, all found at squareup.com/releases.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250513426246/en/
New biannual release bundles products, tools, and partnerships to unlock growth for all sellers, from restaurants to retailers and health & beauty to professional services (Graphic: Square)
Powering Local Economies with New Hardware and Software
For 16 years, Square has been the catalyst for local businesses, transforming operations and growth for millions of sellers, while connecting them more deeply to their communities. In a world where sellers must navigate rising supply costs, unpredictable customer demand, and countless new challenges that arise every week, Square Releases now brings a reliable rhythm to innovation, making it easier to plan, adopt, and stay ahead.
Square Handheld joins Square’s industry-leading hardware lineup, as Square’s most powerful, portable point-of-sale device yet. Built to power payments and manage operations across industries, Square Handheld combines a sleek, durable design with comprehensive, versatile software. It’s built for fast-moving and operationally complex businesses. Read more about Square Handheld’s advanced features here, which include:
Next-generation Square Point of Sale software now unites all of Square’s deep vertical-specific commerce and payments functionality into a single, unified app. With seven industry-specific modes, sellers can more easily discover and use the features designed for their business, and add modes to expand their sales capabilities with no limitations on growth or future evolution. Out of the box, Square Handheld runs the new Square Point of Sale, which you can read more about here.
“If I walk out of my house without my phone, I’ll go back because I need it. And that’s what Square is. I need it. It’s a partner with us. It’s Chef Charles, myself, and Square that run this organization, that’s helping us build Charles Pan-Fried Chicken,” said Chef Quie Slobert, Chief Operating Officer of Charles Pan-Fried Chicken in New York City, adding: “I worked at different restaurants, so I've seen every POS machine, every operational tool out there. And Square was just the one that was everything in one. I keep track of employees; keep track of my vendor list; keep track of sales and what sells more, what sells less; keep track of my food. And we can give back to the community because of the efficiencies Square provides us.”
Combining Industry Breadth and Depth as Only Square Can
As part of Square Releases, the company continues its commitment to building features purpose-built for specific industries, with new innovations for key verticals including:
Hundreds of thousands of restaurants trust Square to run and grow their businesses. In addition to three dedicated Square Point of Sale modes, Square continues to add features and go even deeper to make its powerful restaurant tech refreshingly easy to use. Read more about innovations for Food & Beverage businesses here, which include:
With more than 700,000 retail sellers, continued investment in inventory management helps retailers, and Square, continue growing and selling together.
Square solutions deliver ease and confidence to the 900,000+ Services businesses who run on our platform, with 77% of sent invoices being paid by customers within one day.
Over 15 million appointments are booked monthly through Square, keeping business booming for the health & beauty sellers who partner with Square to power operations.
"The breadth and depth of product innovation in this Square Release mark a transformative new chapter for Square," said Willem Ave, Head of Product, Square. "With Square Handheld joining our industry-leading hardware lineup, and a feature-rich, next-generation point-of-sale app that unlocks new capabilities for sellers, we've shown that Square's hardware and software are a powerful combination that frees businesses to sell their way, and removes limits to how we grow together. We put sellers at the center of our product strategy — as we uplevel our offerings, we still focus on maintaining the simplicity sellers expect from Square. This is how we'll continue to grow and evolve together: by turning our sellers' biggest challenges into opportunities for growth."
An Expansive, Integrated Platform to Drive Seller Success
Partnerships and Banking continue to be key to powering growth for both Square and its sellers. Square is now a preferred point-of-sale partner with WooCommerce to eliminate seams between online and offline operations. Square has also deepened its partnerships with key food & beverage technology providers, including deeper integrations with DoorDash and Uber Eats, and adding Resy to its stable of reservation partners. To set sellers up for cash flow success, all new Square sellers now receive a Square Checking account by default, making it easier to tap into the value of Square’s banking ecosystem across Checking, Savings, and Loans.
To further improve the seller software experience, Square has also upgraded the Square Dashboard app, providing a complete view of all back-end business operations features, including payroll, team management, banking and lending, and sales analytics into an all-in-one package that allows sellers to run and manage their businesses more efficiently from anywhere.
“Square sellers are increasingly complex, and Square Releases is our response to their feedback for predictable product launches that give them new tools and innovations at the right time for their business,” said Lindsey Irvine, Head of Marketing, Square. “At the heart of every product we ship is a desire to make running a business as streamlined and simple as possible, and to turn every transaction into a connection that strengthens local neighborhoods and economies. As they always do, we expect sellers will inspire us with the ways they use our new products to grow, expand, and succeed.”
Explore all the new innovations in the Spring 2025 Square Release at squareup.com/releases, and stay tuned to follow future Square Releases and discover what’s next.
About Square
Square makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit www.squareup.com.
Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Block, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Square, Inc.
All loans and Savings accounts are issued by Square Financial Services, Inc., a Utah-Chartered Industrial Bank. Member FDIC. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.
Savings accounts are provided by Square Financial Services, Inc. Member FDIC. Accrue annual percentage yield (APY) of 1.00% per folder on folder balances over $10. APY subject to change, current as of 2/18/2025. No minimum deposit is required to open an account. Accounts will not be charged monthly fees. Accounts are FDIC-insured up to $2,500,000. Pending balances are not subject to FDIC insurance.
Square Checking is provided by Sutton Bank, Member FDIC. Square Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard International Incorporated, and may be used wherever Mastercard is accepted. Accounts are FDIC-insured up to $250,000. Funds generated through Square’s payment processing services are generally available in the Square checking account balance immediately after a payment is processed. Fund availability times may vary due to technical issues.
Block, Inc. is a financial services platform and not an FDIC-insured bank. FDIC deposit insurance coverage only protects against the failure of an FDIC-insured deposit institution. If you have a Square Checking account, up to $250,000 of your balance may be covered by FDIC insurance on a pass-through basis through Sutton Bank, Member FDIC, subject to aggregation of the account holder’s funds held at Sutton Bank and if certain conditions have been met. Square Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard. See Terms and Conditions.
Instant availability of Square payments: Funds generated through Square’s payment processing services are generally available in the Square Checking account balance immediately after a payment is processed. Fund availability times may vary due to technical issues.
ACH transfer fund availability: Instant availability does not apply to funds added to the Square Checking account via ACH transfer. ACH credit transfers to your account may take 1–2 business days.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250513426246/en/
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