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FAQs
What is ETL?
ETL, an acronym for Extract, Transform, Load, is a vital data integration process. It involves extracting data from diverse sources, transforming it into a usable format, and loading it into a database, data warehouse or data lake. This process enables meaningful data analysis, enhancing business intelligence.
Square created innovative technology to aggregate merchant services and mobile payments into one easy-to-use service. With the goal of simplifying commerce through technology, Square offers mobile payment capability to businesses and individuals, helping them manage business and access financing in one place. Their free Cash App provides mobile users the ability to send and receive money, and their free Square Point-of-Sale application allows merchants to process payments using a smartphone.
Square's API provides access to a wide range of data related to a merchant's business operations. The following are the categories of data that can be accessed through Square's API:
1. Transactions: This includes information about all transactions processed through Square, such as payment amount, date and time, customer information, and payment method.
2. Inventory: This includes information about the merchant's inventory, such as product name, SKU, price, and quantity.
3. Customers: This includes information about the merchant's customers, such as name, email address, phone number, and transaction history.
4. Employees: This includes information about the merchant's employees, such as name, email address, phone number, and role.
5. Orders: This includes information about the merchant's orders, such as order number, customer information, and order status.
6. Locations: This includes information about the merchant's physical locations, such as address, phone number, and business hours.
7. Refunds: This includes information about refunds processed through Square, such as refund amount, date and time, and reason for refund.
8. Settlements: This includes information about the merchant's settlements, such as payment amount, date and time, and payment method.
What is ELT?
ELT, standing for Extract, Load, Transform, is a modern take on the traditional ETL data integration process. In ELT, data is first extracted from various sources, loaded directly into a data warehouse, and then transformed. This approach enhances data processing speed, analytical flexibility and autonomy.
Difference between ETL and ELT?
ETL and ELT are critical data integration strategies with key differences. ETL (Extract, Transform, Load) transforms data before loading, ideal for structured data. In contrast, ELT (Extract, Load, Transform) loads data before transformation, perfect for processing large, diverse data sets in modern data warehouses. ELT is becoming the new standard as it offers a lot more flexibility and autonomy to data analysts.
What should you do next?
Hope you enjoyed the reading. Here are the 3 ways we can help you in your data journey:
