Square is already well known for the way it brought easy credit card transactions into the hands of small businesses and sole traders. Now it has gone one step further and announced its latest creation which is a register app for the iPad. The new app aims to replace a traditional POS (point of sale) cash register with an iPad.

"I truly believe POS, as you know it today, is dead," says Megan Quinn, director of products at Square. "This will bring Square to an entirely new, small-market audience (bricks-and-mortar stores)." The new app extends Square far beyond just a payment-processing service. It replicates and, Square claims, enhances the features of a cash register for mom-and-pop storefronts. The app accepts cash and credit payments, lets merchants easily list menu items, and tracks the history of customers' purchases.

Source: USA Today

Square Register from Square on Vimeo.

Today on the forums there are a couple of threads definitely worth checking out:

The first thread for today was started by yours truly back on July 12th, Some of us have one... Happy? Not Happy? Feel free to rant away in there about all your new iPhone likes and dislikes. Next up is a thread where rats13 wants to know should he wait to get a iPhone or should he just go for it? My personal opinion Rats13... what are you waiting for?!

One of my favorites, the infamous Wallpaper thread. Help us out and post some of your favorite wallpapers! Last but not least is a great little modification tip you can do to your iPhone if you want to give it a more refined look. Check it out: brushed metal!

And don't forget to register folks, it's the only way to join in on the conversation -- and it's free!

See you on the forums!