Invoicer with square11/2/2022 ![]() ![]() ![]() The deal also offers Square a way to connect its different products by allowing Afterpay customers to pay their monthly installments through Square's Cash App, the company said.Īn integration between Square and Afterpay is something that could be seen further down the road, as well, one could imagine. The company also announced its plan to acquire the buy now, pay later giant Afterpay in a $29 billion deal, speaking to its interest in chasing the broader payments market. The new service arrived shortly after Square announced earnings, where it noted its seller business brought in $1.31 billion in revenue (out of the total of $4.68 billion) and $585 million of gross profit in the second quarter, driven in part by continued strong online growth. #INVOICER WITH SQUARE FOR FREE#But as the announcement also noted, sellers would not be able to use the paid features for free the next time they're creating new files with Square Invoices. ![]() Note It is also possible for customers to remit a payment directly to a seller using a credit card, check, cash, or other accepted form of payment. The second procedure directs Square to automatically charge a card on file. The code indicates users who previously used some of the paid-only features will be able to still use them for the time being. The first procedure directs Square to email the invoice to request payment from the customer. References to the new subscription have also already made their way to the Square app's code, where they were spotted by iOS developer Steve Moser. But the company didn't want to share more details until the news is official. #INVOICER WITH SQUARE SOFTWARE#Reached for comment, a Square spokesperson confirmed to TechCrunch Invoices Plus is a software subscription the company plans to announce shortly. With Invoices Plus, the employee noted, the company aims to compete more directly with paid invoicing apps and products and the more advanced features those products offer. (Square on Tuesday told us that portion of the statement was incorrect, and had been removed.) And although Square charges processing fees for Square Invoices, they aren't enough to fuel its product development, the employee said. They noted that many of Square's other products - like Square Online, Appointments, Square for Retail and Square for Restaurants - also offer both a free and paid tier. A Square employee had explained the reasoning behind the change on the community forum site. ![]()
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