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All Posts Tagged Tag: ‘Mobile Card Readers’

Square Increases Payment Volume by 25%

As you may already know, Square Inc., the new mobile card reader and payment service, is becoming more popular with merchants. In fact, they have increased their payment volume by 25% since March. Currently they are processing payments at an annualized rate of $5 billion. But, how have they become so popular so fast? That’s easy, it’s all about money. …

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Square Hires Tesla Executive; Plans to Double Staff

Bloomberg reports Square Inc. is making an effort to double their staff this year. Producing credit card readers for the mobile device industry, they handled over $4 billion in transactions just last year. Squares main competitors include Intuit Inc., and Ebay’s PayPal. This past November Square hired Apple executive Jesse Dorogusker to run their hardware division. In February they hired …

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