Is Amazon preparing to unveil a Square competitor?
According to reportedly leaked documents from office supplies retailer Staples, Amazon is about to put a card reader on the market. The documents reference an “Amazon Card Reader” alongside other established players like PayPal, Square, and Staples’ own mobile payments reader.
According to 9to5Mac, the product is being listed at $9.99.
Though unconfirmed by Amazon, it’s clear that Staples thinks they’re about to put a new brand of card reader on its shelves.
A launch of a new card reader would come on the heels of Amazon’s new Wallet app, which it launched on Android and its new Fire phone just last week.
The internal documents suggest that Staples is advising its stores to wait until August 12th to advertise the new product. Could be see an announcement from Amazon between now and then? It could take the attention away from Amazon’s new Fire Phone, which hasn’t exactly received the best welcome.
Image via Amazon, Google Play Store