Mobile POS provider Square is reportedly set to go public after the company filed confidentially for an initial public offering... More
Square
Square offers free NFC mPOS readers
Square will give away 250,000 of its NFC mPOS terminals unveiled during Apple’s WWDC this week... More
Apple Pay adds loyalty cards and expands to UK
Apple Pay will be available in the UK from July 2015, vice president of Apple Pay business Jennifer Bailey has announced at the iPhone maker’s Worldwide Developers Conference (WWDC). Users of the mobile payments service will also be able to add store credit, debit and loyalty cards to their Apple mobile wallet from “this fall”. More
Square buys mPOS developer Kili
Square has bought Kili Technology, the Canada-based mPOS startup that acquired NFC-on-microSD pioneer DeviceFidelity in November 2014... More
Square Register to support NFC
Square will add support for Apple Pay mobile payments sometime in 2015, the company’s founder Jack Dorsey has told CNN... More
Square eyes global expansion
Square has updated its Register apps for iOS and Android to support 130 currencies and is in talks to bring its mPOS solution to Europe, TechCrunch reports... More
SnapChat adds cash transfers
SnapChat and Square have teamed up to launch Snapcash, a service that builds on Square Cash to let SnapChat users send cash transfers to friends from within the photo messaging app... More
Square processes a billion payments
US mobile payments provider Square has now processed a total of one billion payment transactions... More
Square lets customers make P2P payments via BLE
Square has added a feature to its Square Cash app that lets users leverage Bluetooth Low Energy (BLE) to make payments to anyone nearby, as well as an order ahead service for users of its Android and iOS apps... More
Square lets consumers send cash by text
Payments startup Square has expanded its Square Cash service, which lets US consumers send money to a contact via email, to include support for sending funds via an SMS text message... More
Square unveils EMV card reader
Mobile POS provider Square is to introduce a new card reader that can be used to process both EMV chip card and magnetic stripe card payments... More
Amazon to enter mPOS market?
An Amazon Card Reader will be available from next month costing US$9.99, according to internal documents from office supplies retailer Staples obtained by 9to5Mac... More
Square adds actions to POS transactions
“Square Register’s sales, refund and settlement data can now all be used as triggers for IFTTT recipes,” GigaOm reports... More
Square adds invoices
Square has added invoicing to its Register service, allowing sellers to “get paid fast with free unlimited invoices and no monthly service fee”... More
Square’s finances revealed
Mobile point-of-sale provider Square lost US$100m in 2013 but is making a 34% gross margin on its processing business, according to leaked internal documents seen by Fortune... More
Square uses digital receipts to create conversations between consumers and merchants
Mobile point-of-sale specialist Square has introduced a new service that “turns the receipt into a conversation channel”... More
Square exits mobile wallet business
US mobile payments provider Square is pulling out of the consumer mobile wallet business and its Square Wallet app is no longer available to new customers to download... More
Report: Larry Page cancels Google Wallet card plan
Google CEO Larry Page has become personally involved in decisions surrounding the future direction of Google Wallet, AllThingsD reports, leading to the cancellation of plans to introduce a physical Google Wallet card and the departure of high profile product lead Osama Bedier... More
MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data
The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not. More
Call for contributions: New report on mobile payments and the future of merchant transaction fees
The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale. More
