All Posts Tagged Tag: ‘Square’
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 …
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.
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.
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.