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Square is a point-of-sale system for merchants with physical or online stores. [1] [2] Launched in 2009 by Block, Inc., [3] it enables sellers to accept card payments and manage business operations.
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
Square is a payments platform that allows businesses to accept card payments and use smartphones or tablets or computers as payment registers for a point-of-sale system (POS). [73] [14] [74] The platform was founded in 2009 by Dorsey and McKelvey.
The funding round was co-led by Peter Thiel and Square Peg Capital in Australia. [4] Later in 2014, the company also opened offices in Toronto and London. In August 2015, Vend announced that it had raised 12 million (12.000.000) NZD, mainly from existing investors along with new entrant Punakaiki Fund. In 2015, Vend launched Vend Ecommerce. [5]
Australian Payments Network Limited (AusPayNet), formerly the Australian Payments Clearing Association (APCA) [1] is the self-regulatory body set up by the payments industry to improve the safety, reliability, equity, convenience and efficiency of payment systems in Australia.
Apple Pay, Google Pay and China's WeChat Pay, which have grown rapidly in recent years, are not currently designated as payment systems, putting them outside Australia's financial regulatory system.
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