Speaking to CNN on Friday, Square founder and CEO Jack Dorsey confirmed Square would begin supporting Apple Pay and other near-field communications (NFC)-based payments systems in some form in 2015.
Square on Wednesday started taking pre-orders for a new version of its Reader and an accessory for Square Stand that will allow its mobile payments service to accept new chip-embedded cards being issued in the U.S. next year.
Jack Dorsey’s Square is still far from seeing the transaction volume of PayPal or any of the major financial companies, but it’s certainly no longer the scrappy payments startup it was a few years ago.
The EMV transition is only a year away in the U.S. Square’s merchants will be required to accept credit cards verified by embedded chips, and that means they’ll need a new Square Reader.
Square has brought invoicing to its small business commerce toolkit, letting merchants send email bills to their customers. Square isn’t charging for the…
Businesses running Groupon promotions will be required to use an iPad-based cash register running Groupon’s Breadcrumb point-of-sale software and payment processing.
Square has a lot of merchants on its online and mobile shopping portal Square Market, but few are actually selling goods there. Its new Pickup feature could prompt more of them to accept payments online.
Square is going big in one of its most important markets, New York, moving into a new SoHo space this summer and hiring 350 employees.
ShopKeep is selling a host of cloud-based tools for handling cash and card transactions, managing employees and tracking inventory — all accessed from an iPad screen. Unlike its competitors, though, ShopKeep isn’t actually processing transactions.
Shopify is overhauling the rate structure on its new in-store payments platform, eliminating per-swipe fees on credit card transactions.
The terminal should make it easier for small business to take contactless payments, assuming of course that their customers have suitably-equipped bank cards or mobile wallets.
Based on Square’s marketing it might seem like an iPhone and a Square Reader go hand in hand, but half of all Square’s merchants are asserting their love for Android smartphones.
Wells Fargo and AMEX are giving out hundreds of dollars in rebates. Jamba Juice is offering up free smoothies. There are plenty of incentives to try Isis — if you have the right phone, carrier and bank.
Apple already has much of the groundwork in place for to become a mobile payments powerhouse. It’s just a question of how deep the space it dives and whether it will buy any companies to get there.
A USB stick-like device communicates with existing point of sale systems and a customer’s mobile PayPal app to provide a hands-free, cash-free checkout.
PayPal is adding a host of new features to its iPhone and Android apps, including the ability to order food ahead, pay at the table and receive store-specific offers.
NCR is the top supplier of retail point-of-sale software for U.S. restaurants, so for LevelUp, getting its mobile payments app to work with NCR’s systems for dining transactions is key.
Square is safe for now, as Shuttle is only being launched in Europe, but Adyen’s entrenched position in the online and mobile payments markets give it a great initial boost against local rivals.
What should Apple do with its $110 billion pile of cash? Buy Foursquare and Square, says Mor Naaman. Apple would immediately become a giant payments company, and it could completely take over the local point-of-sale market. In this article, Naaman makes his case for the deal.
Own, a Detroit-based startup, is building its own tablet-based point-of-sale technology that enables merchants to tie all of their payments, analytics, social media and deals into one experience. It just announced $1.2 million in seed funding and is moving its headquarters to San Francisco.