You must have seen that e-commerce is the only part of the world economy that is trending right now since everything else is going down. However, we also know that e-commerce sources product from local commerce so we have that as well. Talking about e-commerce, payment process for online stores is also a major part of acquiring customers since it proves to be a tough part as well. We have seen that e-commerce stores have emerged from nowhere and some big e-commerce stores have vanished because they couldn’t figure out how to perfect the payment process.
Now, we are here to report about a new feature being released by Square which is one of the biggest payment platforms after PayPal. Similar to PayPal, Square has now launched a new feature on its platform which is known as online checkout. It is just like how you would pay with PayPal. For example, if you are buying something and you would checkout with PayPal, it will give you the options to pay from PayPal’s dashboard. Now Square will also do the same and let you pay with Square dashboard regardless of where you are buying the products.
Square is seen to be targeting the customers who are not big stores but normal sellers who would want to accept payments in an easy manner. For example, Square says that people who want to take payments via its online checkout “can sign up to Online Checkout, and from the dashboard, they can create a link for any goods or service that they want to accept payment for — this could be cake-baking or an online fitness class — and give the link a title and a corresponding dollar amount”. It clearly shows that Square wants people from all walks of life accept payment, small or big, using their platform without any issues.