What do you know about Square? Have you heard of the company helping businesses worldwide in countries such as The United States of America, Canada, Japan and Australia? No? Well we have a feeling you’re about to become familiar with the payments company launched by none other than Twitter’s chief executive, Jack Dorsey. Square targets small to medium sized businesses, with the aim of making payments a lot simpler as well as alot faster. Can such system benefit the business you started after studying an electrical course? Or even any other construction trade for that matter? Lets take a deeper look at what exactly ‘Sqaure’ is and if it really can help take your business to the next level.

Here’s what it looks like:

Square is simply designed to take mobile payments, making the payment process a lot simpler for business owners. It allows you to accept CHIP and PIN payments, contactless cards and other mobile payments either on the move or at your counter. Square go on to say its possible for seeing deposits in your bank account the next business day with no hidden fees; all of which can be done via the Square App.

The company has seen great backing not only by Twitter, but member of the House of Lords, Paul Deighton joined the company’s board of directors just last year in an attempt to allow the idea to take off in Britain and the rest of Europe. Imagine not having to deal with cash after completing work for your client. In this day and age, customers love security and if they are able to make a safe payment through Square then it may just give you the competitive advantage you’ve been looking for.

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Tradesmen within construction, whether it be electrical installation, plumbing or gas, could see great convenience introduced. Could this new piece of technology fit into your business or will it fade out? Companies around the world seem to have benefited so far, but is their room in the toolkit for Square? We’ll let you decide!