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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.
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). [74] [14] [75] The platform was founded in 2009 by Dorsey and McKelvey.
Over time, it introduced additional features, including debit cards, savings accounts, bitcoin and stock investing, tax filing and personal loans, and was rebranded as Cash App. [9] As of 2024, the service operates as a mobile app-based digital wallet, and is the preferred payment app among lower-income adults in the U.S. [1] [10]
The Square mobile payment system has been making waves by letting small businesses receive credit card payment directly on their smartphones. Now, mophie and Intuit are looking to get in on the ...
Mobile payment apps are usually free, but many have per-transaction fees. In addition, businesses will incur credit card processing fees regardless of what payment system they use.
In less than three short years, mobile-payment processor Square has taken the world by storm. Co-founded by Twitter's Jack Dorsey, the small startup company says it's running $4 billion in ...