Cube (YC W12) Goes Deeper Than Your Standard iPad Register
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edit: Can someone please explain why this is being downvoted? I'd like to make sure my contributions are constructive.
If I started a fruit distribution company and called it Rhombus, there probably wouldn't be an issue.
I can't say whether there is definitive trademark infringement here (Cube seems to offer analytics services and targets a niche market, differentiating its product). However, I can't help but feel that "Cube" is a reference to Square.
"Oh look we're going to be marginally competitive to Square, we're going to offer more than Square.. CUBE!"
No. It's an unoriginal, hackish name, but at the end of the day it looks like it could be a decent product.
It is a very legitimate point as there have been examples of similar sounding names in the same industry counting as trademark infringement.
It's merchant adoption.
It's a massive barrier to entry when a local business has invested upwards of 10's of thousands of dollars on their existing POS system. Or, the flip side of the coin is that they have zero desire to get anything more technical than a $60 register from PriceClub. This is scary stuff to most local merchants.
It's a super long term play to get market share.
There seems to be so much going on in this space, especially with the advent of low-cost, high-performance touch devices. I'm a little surprised I haven't heard of some massive win yet, like a major retailer transitioning. Kitchens are at least high-volume, I wonder if they're a good indicator.
I've eaten at local places that used Square. I have no idea if they're happy customers.
I've seen increased use of Square at our local public farmers markets. The guy I buy my beef from loves his. It's lower initial cost, higher transaction cost, and super easy to use.
(I support any disruption that eats into the VISA/MasterCard/Etc oligarchy.)
If you've got five or ten additional charges for extras, you've now got a receipt that is very long and nonsensical, and you've wasted a non-trivial amount of time needlessly switching between categories.
Any way to try out the service without fully signing up for an account? There are a few features I'd like to see if it has (that almost every other iPad POS lacks) and I don't want to create an account just to sandbox....
One little quirk is that Groupon does NOT collect sales tax, so we're required to collect tax at the time of redemption.
We need our POS system to handle a payment of type "Groupon" for $X and then a second payment for $Y.
So - for example - if a product is $100 and tax is 5% (total due: $105), we need the total due to show as $105 (naturally), then apply the Groupon payment of $100 and show a balance due of $5, to be paid by credit card or cash.
Last I checked Square register doesn't support this, Shopkeep doesn't support this, and a few others I checked don't either. It's not rocket science - just the ability to accept 2 or more payments for each sale (Groupon + cash or Groupon + credit card) and have the balances get calculated correctly.
With Windows 8 adopting touch there are lots of touch enabled PCs out there.
And how are they able to offer 2.5%, while Intuit and Square charge 2.75%? You would think that for non-enterprise customers, they would charge more.
You mean charge less? In my limited experience enterprise customers are less price sensitive and more "how do I not get fired for choosing this vendor over the status quo" sensitive.
Cube dimensions = 3
3/2 = 1.5
Cube dimensions = 1.5x Square dimensions