- Square AI will be integrated with local data to provide companies with detailed ideas
- A voice assistant can also take orders by phone
- Bitcoin payments will be free in most US states
Square has revealed a lot of updates of AI designed to provide companies accessing even more intelligence and ideas in an attempt to show unlock an additional context can contribute great value to SMEs.
Square AI will now support the integration of local data, including climate, events, news and reviews, helping companies adapt with personnel, inventory and menu settings driven by forecasts.
The company is also improving conversation history so that companies can consult past ideas and adapt them for the future.
Square’s AI is becoming even more useful
With the resources they already extend in multiple operations and many hospitality companies that fight to barely remain afloat, much less focus on their customers, the new voice orders will respond each call with conversational to handle orders, sending them directly to the kitchen or post and the record details within the square messages.
“The square board has always been rich in data, but the reality is that digging through reports and extracting valuable ideas takes time that many sellers simply do not have,” said Willem Ave, global product chief.
With that in mind, an updated board allows sellers to set and save visualizations and data widgets generated by AI to get information easily easy to see. Square’s AI will also be extended to the mobile application.
The practices improvements of AI came hand in hand with freshly launched support for Bitcoin payments and conversions for sellers, with zero processing rates for the first year for Post Systems payments. As of January 1, 2027, each transaction will cost a 1%processing rate.
Includes support to administer, buy, sell, retain and remove Bitcoin everything inside the Square ecosystem.
This occurs when users of US cryptocurrency payments are expected to grow by 82% between 2024 and 2026. For now, Bitcoin support is only available to US companies, excluding those located in the state of New York.
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