Square announced today that it has launched in Canada, marking its first step into international territory.
“Canada is Square’s first market outside the US,” the company says in its announcement. “Over 2 million individuals and businesses can already accept credit cards with Square, and Square is processing over US$8 billion in annualized payments.”
“We are focused on making commerce easy for everyone. Square builds free tools for local businesses of all sizes and types to thrive,” said Alyssa Cutright, VP of International for Square. “We’re thrilled to introduce Canadian businesses and their customers to the most seamless and enjoyable way to do business.”
It’s probably only a matter of time until Square starts penetrating other markets. Square CEO Jack Dorsey recently revealed that he is basically spending one day a week visiting Twitter, which he co-founded, and is placing most of his focus on Square. One can only assume that this focus will include significant international expansion.
Now, Canadian businesses can get their Square card readers from square.ca.