All Posts Tagged Tag: ‘Square’

Square Security Flaw (Alleged) Introduced by Competitor VeriFone

There has been a lot of buzz around Square, the credit card reader service co-founded by Twitter co-founder Jack Dorsey. The service makes it easy for anyone to accept credit card payments, via a card reader that plugs into mobile devices. The company may have a PR disaster on its hands now, however. Douglas G. Bergeron, CEO of VeriFone, which …

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Square Processing Over $1 Million a Day

Square is now processing over a million dollars a day. Co-founder Jack Dorsey (who also co-founded Twitter) said as much on Twitter

That number should continue to grow pretty quickly as not only has the startup attracted a great deal of buzz, but last week it announced that it was eliminating its 15 cent transaction fee.

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Square Eliminates Transaction Fee, Calls it a Revolution

Square, the mobile payments company co-founded by Twitter co-founder Jack Dorsey, just announced that it is removing a 15¢ transaction fee on credit card payments – a move that is sure to capture merchants’ attention. The company says:

Now when you swipe a card with Square there is just one fee: 2.75%. What you see is what you pay.

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Will Square Power a Revolution in Credit Card Payments?

We may be looking at a revolution in payments. Square, which launched late last year from Twitter co-founder Jack Dorsey, is now offering a way for anybody with the right mobile device to accept credit card payments for less hassle and fees than before possible.

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