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Square to Release App Version 2.2

Mercator Advisory Group by Mercator Advisory Group
November 16, 2011
in Analysts Coverage
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The newest upgrade to Square’s merchant app will be available on Tuesday, November 22nd for both iOS and Android. Square version 2.2 will include loyalty rewards as well as hardware integration with cash drawers, receipt printers, and other tools.

With Square 2.2, merchants who integrate with Square’s mobile wallet app Card Case, will be able to now identify and reward loyal users. They can set rewards based on a number of visits or a total amount spent at the business, and when the customer reaches that mark, the merchant can apply a discount to their purchase. It could be something like a 50 percent off discount or a free item. Merchants can tell a customer of the deal when they order and the discount will be noted in a user’s Card Case app.

Square now has approximately 800,000 customers using the app which was launched just last year.

Click here for more.

Tags: Mobile Payments
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