Square piece complete accounting! It is the new phone card (Reader) reader for credit cards, cards, a custom with some iOS and Android devices, and will soon start Wal-Mart to sell in all parts of the United States.
The announcement of the new device is an important point to cite retail, and will be available in the (TARGET - Target, RadioShack - RadioShack, Best Buy - Best Buy) and nearly 200 shops to Apple. Will provide Wal-Mart more than 9000 outlets.
Card reader for cards that connects through the headphones output of your iPhone, iPad and a lot of Android devices, you can get it from stores at $ 9.99. And when you get a card from the store you are applying for Square for the service.
Simple cost was a reason to reach quickly and effectively into the hands of customers Square: small business owners who do not can invest in credit card terminals. Launched about 800,000 device to the market until now. According to the statistical Bloomberg. At the beginning of the project, is now processing more than $ 2 billion debit and credit payments each year, an interest rate of up to 2.75% on all transactions.
Square has introduced about 100 million dollars in financing the project is expected to reach the size estimate to $ 1.6 billion
