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Square is a financial services platform by Block, Inc. for small and medium-sized businesses. [1] [2] It enables accepting credit card payments using smartphones as POS registers, and facilitates various business operations. As of 2023, Square reports 4 million merchant clients and an annual payment value of US$ 210 billion.
Block, Inc. (formerly Square, Inc. [9]) is a U.S. listed company founded by Jack Dorsey and Jim McKelvey in 2009. It is a financial technology conglomerate. The company reportedly serves 56 million users and 4 million businesses, and processes payments worth US$ 228 billion annually as of 2023. [10] [11] [3]
According to Sarah Lacy and Mike Arrington over at TechCrunch, mobile payments startup Square just got a new round of funding and a snazzy new valuation of $200 million. The company's rise is ...
Apple Pay is a mobile payment service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web. It is supported on iPhone, Apple Watch, iPad, Mac, and Vision Pro. It digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal.
Source: Square. Brandon Workman of Business Insider Intelligence thinks that Square and, more generally, card reader technology, has already won the fight for mobile payment dominance. But alas ...
By Gerry Shih and Lisa Baertlein SAN FRANCISCO -- Starbucks (SBUX) plans to switch its processing of debit and credit card payments to mobile payments start-up Square, the two companies said ...
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