Sq. (SQ -3.4%) begins On-Demand Supply for Sq. On-line Retailer that permits sellers to ship a courier via supply companions for orders positioned immediately on their web site.
Not like meals supply platforms that cost a proportion fee to meet the supply for every order, retailers pay pay a flat payment of $1.50 per order to Sq., plus a payment to their supply associate that’s calculated in real-time based mostly on distance and different components.
Sellers can cross this payment totally to the client or supply customized supply promotions.
Additionally, when clients place an order via Sq. On-line Retailer, sellers obtain their contact info within the Sq. Buyer Listing and are capable of hold monitor of the gross sales historical past for these clients.
Sq.’s supply choice makes use of Postmates (POSTM) now, with further supply companions anticipated quickly.
Sq. is providing an introduction promotion — processing is free on all on-demand supply orders via July 8, 2020—as much as $50,000 in gross sales. It is also waiving dispatch charges till July 1, 2020.
It is one other characteristic for its Sq. On-line Retailer, which it revamped a few yr in the past to combine Weebly, the web site and on-line retailer constructing it acquired a yr earlier.