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ShopKeep by Lightspeed is a cloud-based iPad point of sale (POS) system headquartered in New York, NY. Founded in 2008, its POS system is used by more than 23,000 small businesses [1] in the United States and Canada, most of which are retail shops, coffee shops, restaurants, and bars. The system allows merchants to ring up sales, print or email ...
Square is a point-of-sale system for businesses with physical or online stores. [1] [2] Launched in 2009 by Block, Inc., [3] it enables sellers to accept card payments and manage various business operations. As of 2023, Square leads the U.S. point-of-sale systems market, [4] [5] [6] serving 4 million sellers and processing $210bn annually. [7] [8]
Unlike traditional point-of-sale setups, virtual POS systems eliminate the need for dedicated hardware, relying instead on software and internet connectivity. These systems are widely used across industries, from small businesses to global retailers, to streamline transactions and integrate with broader business operations with broader business operations.
Block, Inc. (formerly Square, Inc. [10]) is an American technology company offering financial services to consumers and businesses. [11] [12] [13] Founded in 2009 by Jack Dorsey, it leads the U.S. point-of-sale systems market. [14] [15] [16] As of 2023, Block serves 56 million users and 4 million businesses, [17] [18] processing $228 billion in ...
Clover is a cloud-based Android point of sale platform that was launched in April 2012.The company is headquartered in Sunnyvale, California, United States.As of the quarter ended September 2020, Clover processed $133 billion of annualized card transactions worldwide, making it the largest U.S. cloud POS firm.
Accel Partners led a $30 million investment round in 2012 and from 2012 to 2013, the company observed a 120% growth in annual transactions. It acquired MerchantOS, point-of-sale software developer, and Lightspeed Retail, an HTML5 web-based product that can be used from any computer in 2013. Lightspeed's customers processed $7.5 billion in 2013.
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