Mobile POS provider Square has launched in the UK... More
Square
Square says ‘back end change’ brought down mPOS service
Mobile POS provider Square has blamed a “change we made to one of our back-end systems” for a service outage which affected payments and other services earlier this week... More
Square cuts processing costs to promote Apple Pay
Mobile POS provider Square is encouraging small traders across the US to promote Apple Pay to customers by letting them process more than US$12,000 worth of Apple Pay payments for free — a saving of $350 in processing costs... More
Apple Pay targets US retail and transport expansion
Apple Pay is now accepted by 35% of US retailers, representing about 4m locations across the country, Apple VP Jennifer Bailey has revealed during the Re/code Code Commerce event in San Francisco... More
US consumers’ use of in-store mobile payments set to soar
The value of mobile payment transactions made in the US is expected to rise 183.3% this year to US$27.67bn, more than doubling next year and reaching US$314.13bn by the year 2020, research released by eMarketer reveals... More
US banks unveil money-transfer app
America’s biggest banks have launched a money-transfer app to compete with PayPal, Venmo and Square Cash, Reuters reports... More
Square brings contactless reader to Australia
Square’s contactless chip reader is now available in Australia, enabling businesses to accept contactless transactions and NFC mobile payments... More
NFC satisfaction high among US users
Nearly half of US millennials (45%) have made an NFC mobile payment, compared to 26% of non-millennials (those aged over 35), research from mobile POS provider Square reveals... More
Square preparing for European launch
Mobile POS provider Square has incorporated a business called Squareup Europe in the UK, suggesting that the company could be setting itself up for its first European launch... More
NFC mobile payment users tip more, says Square
Customers who pay using NFC mobile payments are more likely to leave a tip, according to a survey by mobile POS provider Square. 73% of customers tipped when using NFC mobile payments compared to 71% who tipped using EMV and 67% who paid using magnetic stripe cards at the point of sale. More
Square offers weekly payment plan for contactless readers
Square’s contactless chip reader can now be paid for in instalments of US$1 per week for 60 weeks... More
Square “betting big on NFC”
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
Square drops contactless for Australia launch
Mobile POS provider Square has launched in Australia, enabling retailers across the country to accept credit and debit card payments using their mobile phones... More
58% of millennials prefer friends to pay cash
Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals... More
Visa claims 10% stake in Square trading shares
Visa has revealed it has a 9.99% stake of Class A shares in mobile POS provider Square... More
Apple begins selling Square contactless reader
Apple has begun selling mobile POS provider Square’s US$49 contactless readers in its US stores as well as online... More
Square rolls out first contactless readers
Mobile POS provider Square is rolling out the first of its $49 contactless readers to 100 US businesses, allowing them to accept chip cards, contactless and NFC payments including Apple Pay... More
Square to go public
Mobile POS provider Square has filed for an initial public offering following reports that the company was planning to do so in July 2015... More
Square to begin shipping NFC mPOS in December
Mobile POS provider Square will begin shipping its EMV and contactless chip card reader in December 2015... More
Square Cash finds time for Apple Watch
Square has updated its P2P mobile payment app to add support for Apple Watch... More
