Payments company Square has announced its integration with Goodtill point-of-sale (POS).

This gives Square access to functionalities such as loyalty capabilities and inventory management. Furthermore, businesses with Goodtill are now able to process payments using Square.

“Square is focused on forming partnerships with best-in-class companies to help meet the diverse and specific needs of the merchants we serve,” said Nick Harris, partnerships lead at Square.

“With this integration, businesses can benefit from the vertical-specific point of sale from Goodtill and accept all forms of payment with Square so they never miss a sale and get their money the next working day.”

Co-founder and director of Goodtill, Oliver Rowbory said, “Goodtill software is helpful and easy for merchants and by partnering with Square we are now able to serve more merchants without compromising on their experience. Integrating our point-of-sale with Square payment tools means a broader set of small and large merchants can utilise the tools they need to start, run and grow.”

“The Goodtill point of sale works for the business because it is iPad-based which gives me flexibility whether I’m at the restaurant or working an event,” added Matthew Omeye-Howell, co-founder of restaurant Jollof Box.

“I also needed an affordable and simple way to accept card payments and the integration of Goodtill with Square has made this possible. Square also deposits our takings next business day which helps with cash flow.”

Making a move in the UK

Square launched in the UK in 2017. Its goal is to give sellers choice and offer the best tools. It has more than 40 partners currently that provide tools that integrate with Square POS.

With Square, sellers can accept payments from all major credit and debit cards with no monthly fees or long-term contracts. It charges 1.75% per transaction for in-person payments and 2.5% for telephone payments, online orders, and also invoices.

In March 2019, it launched a mobile app to enable merchants to create, manage and send invoices from anywhere.

The Square Invoices app eliminates the need for manual invoices and acceptance of cheques. The company noted that more than 60% of invoices that it processes are paid the same day.