Square Launches eCommerce Portal To Take On Etsy And eBay

Despite new technologies for mobile payments, customers trust familiar companies like Apple.

Square has quickly risen to popularity thanks to its clever credit card payment system for iPhone and iPad that has been adopted by small businesses across the country. To compliment its payment system, Square  launched the Square Register last month, and today it just introduced its new eCommerce portal called Square Market.

Square Market is an online marketplace for businesses to list and sell their goods across the U.S. (think Etsy or eBay). Anyone can open a store for free with items photos and a profile of your business. You can even post items directly to Twitter to generate interest in your business.

Here’s what Square’s Director of Discovery, Ajit Varma, had to say about the launch:

“We’re focused on making easy-to-use tools for merchants that create an incredible experience for their customers—no matter where they are. Creating an online marketplace is our next step in making commerce easy for everyone. Square Market makes local businesses accessible to customers down the block and across the country.”

Square’s introduction of Market puts the company in competition with Amazon, Etsy and eBay, except rather than charging a flat-fee per transaction, Square receives 2.75% per item sold and there is no listing fee. Businesses can start creating their Square Market stores today by visiting Square.

Related
  • r2_d2

    Square closed my account without notice and hold my money ($2000) 3 months. No customer service. It is a remarkable company.

  • Michael Snape

    Square closed my account without notice and hold my money ($2000) 3 months. No customer service. It is a remarkable company.

    There is always a bad apple in the bunch and you at least got your money back. So many other people, are happy, don’t spoil the bunch so quickly.

  • LouisesAttic

    I just started selling items on Square Market and I Love it – Easy to use and I have my own page for FREE !!!
    Louise’s Attic –
    https://squareup.com/market/louises-attic

About the author

Buster HeinBuster Hein is Cult of Mac's Social Media Editor. Hailing from Roswell, New Mexico, but now spending his days in Phoenix, Arizona, he wastes most of his time eating burritos and reading Spanish romance novels. Twitter: @bst3r.

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