Square announced today that, after processing $15 Billion in payments, it would debut Square Stand hardware to select U.S. retailers for $299 as a new way to process point of sales transaction right from the iPad. Square Stand is designed to help local businesses with brock and mortar stores, and Square claims, essentially, to have replaced the cash register with this product. It works with the Reader, a mobile credit card payment hardware device. It has real-time analytics, and it rotates to help make active commerce social; it’s mobile at its core, but it can be bolted to a table or counter to act as a more traditional register as well. At the end of the day, this is the first true hardware that Square can call its own, instead of relying on other, partnered solutions from other companies. Shipping begins on July 8th.