More than 2 million Square users can now accept credit card payments

Solution for taking card payments

Over two million individuals and businesses are now able to accept credit and debit card payments with Square (view press release.) In its first year of availability, one million individuals adopted the Square credit card reader as a solution for taking card payments. In 6 months, Square has doubled to two million users and processes around USD6 billion in payments a year.

Square’s card reader plugs into the headphone jack of an iPhone, iPad or Android device and allows credit card payments through free, downloadable Square Card Reader and Square Register apps at a rate of 2.75% per swipe. Square merchants have access to their funds the next business day.

Related reading

Leave a comment