Square launches orders platform

In the third quarter of 2024, Square said it completed a significant infrastructure shift, creating a “best-in-class commerce platform with leading payments and ordering capabilities for sellers.” “The new platform fundamentally changes how the company builds products and will provide expanded commerce capabilities like Pre-Auth and Bar Tabs to sellers of all sizes across verticals in the U.S.,” the company said. “Square’s new order-based infrastructure is designed to help sellers grow their business by enabling them to complete a sale anywhere and anyhow, which allows them to run an efficient operation that delights customers and gives sellers time back.” “We are thrilled that sellers in the U.S. are now on the new Orders Platform, which is currently in general availability. This is a key unlock for innovation and we expect this will accelerate product velocity going forward,” said Saumil Mehta, Head of Product for Square. “With the Orders platform, Square will be able to provide more checkout flexibility to sellers – whether their customers are seeking to order ahead, open a bar tab or set up a subscription, sellers using Square will be able to offer more options to capture sales across their businesses.”