Square announced the Square Stand price last July, but the price was pretty high. Square sold the product for $299 initially. In December, Square is selling Stand for $99. At that time, Square said that this was a holiday price. Now the price is staying at $99.
?Our goal is to make products accessible to as many merchants as possible,? stated Square spokesperson Khobi Brooklyn.
This drastic drop in price may imply that the Square Stand is not selling very well.
The Square Stand is used for holding an iPad in place and businesses can use the product to manage transactions with the Square Register point-of-sale software. There is a credit card reader built into the stand.