Square, Inc. Announces Square Register: What You Need to Know

Square (NYSE: SQ) surprised investors on Monday, when the company announced a new register, designed entirely by Square. The point-of-sale hardware marks an important shift for the company. Not only does it give the Square its first high-end checkout product, but it's also the company's first hardware that doesn't need to interact with existing technology such as tablets or smartphones.

With Square stock rising 1.6% on Monday, the new device seems to have made a good first impression on investors. Here's what you should know about the company's newest hardware offering.

Square Register. Image source: Square.

Source: Fool.com