Square, which has already made its way into retail stores and service-based businesses (think hair salons, massage therapists, etc.), is officially getting into the restaurant business with the launch of Square for Restaurants. Square for Restaurants is a point-of-sale system that handles everything from menu updates, floor layouts, employee scheduling and performance tracking to tip splitting.
…This new product is designed to be fast, self-serve, elegant and cohesive, Henry said. It also integrates seamlessly into Square’s existing ecosystem that includes Payroll, Capital and more. Given Square’s ownership of on-demand food delivery startup Caviar, it’s no wonder why Square fully integrated Caviar into the point-of-sale system. This means restaurants don’t need to have a separate tablet system for Caviar.