Square takes on the clunky old-school payment terminal Jack Dorsey’s payments pioneer aims to bring elegance to yet another aspect of the business that’s not exactly known for it.

Square is launching a new piece of hardware today — the Square Terminal. As explained to me by the company's Head of Hardware Jesse Dorogusker, the ...

In terms of pricing, Terminal comes with an up-front cost of $399 for the device, and then a 2.6 percent + 10 cent transaction fee for every dip, tap, or swipe payment.