"New tech modernizes the cash register"
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CNET News Video
CNET News Video
New tech modernizes the cash register
-The cash register at Gino & Carlo's Cocktail Lounge in San Francisco's north beach neighborhood outdates most of the patrons.
You can't pick it up and run away with it.
It never breaks.
It looks cool.
My father used that register when he was a teenage.
-But registers like this from the 1930s could make the endangered species list as more and more businesses favor modern
-You wanna sign that with your finger?
-Cheryl Burr, the owner of San Francisco's Pinkie's Bakery is testing out Square, a credit card reader that plugs into the audio jack of a tablet or smartphone for point-of-sale purchases.
-They have a lot of things to work out still, but in general, it's a good program.
The customers really seem to enjoy it.
They think it's kind of a cool tech thing that we're doing.
It kind of adds to the buzz about Pinkie's Bakery.
-But there are some drawbacks.
Square takes 2.75% per transaction.
There's no option for paper
receipts, only e-mail and text, and the system depends on a strong, reliable internet connection.
-We'll give it a chance for probably a full year and see how they can make more improvements.
-But if they don't then we may go back to the old way.
-If I have the Square app open on my phone, I will sense when I'm closed to a Square-enabled establishment popping my profile up on the iPad and making the transition that much smoother and quicker.
-Square definitely has been making some strides.
It's got the 4 million dollars a day in daily transactions but still a really small
portion of credit card transactions locally, but it's making headway.
-Do you ever consider switching to something more modern like the--
For what reason?
We love our register.
-In San Francisco, I'm Cara Savoy, CNET.com for CBS News.
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