Square announces new EMV chip reader for more secure mobile credit and debit card payments

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Today, Square announced a new version of its popular mobile payment system that will support EMV chipped credit cards. EMV is a joint effort from MasterCard and Visa to help improve security credit and debit card transactions and is set to become a standard in the US by October 2015. In addition to EMV-equipped credit cards, the new version of Square’s payment system will still feature support for legacy magnetic strips, so customers will still have the option to swipe and sign.

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Amazon apparently set to launch Square-competitor in August as it develops biometric payment solutions

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Amazon could be preparing to launch its own mobile credit card reading hardware in the coming weeks, according to internal Staples documents hinting at such a launch that we’ve obtained. According to the documents, Staples stores will prepare next month to stock a new product called the “Amazon Card Reader” alongside existing card readers from Square, PayPal, and Staples’ own in-house brand. The small hardware, which will likely connect to smartphones to process payments, will cost $9.99, according to the Staples internal sales systems…

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Square pulls its mobile payment app Wallet, focuses on SF and NYC with new Order app

Out with the old and in with the new. That’s how Square is starting the week as it pulls one app from the App Store and replaces it with another. Square Wallet, the commerce company’s not-so-popular mobile payment app, is no longer available on the App Store as the company begins to promote its new mobile payment app called Square Order.

Although Square Wallet boasted support for “thousands of neighborhood businesses” including a deal with Starbucks, it never really felt like its presence was really promoted nor was it more convenient than traditional payment methods. In the case of Starbucks, its support came after the coffee company’s own smartphone app included mobile payments including support for Apple’s Passbook system… Read more

Could Apple buy Square to accelerate its mobile payment plans?

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Re/code is reporting that both Apple and Google have considered making acquisition offers for payments company Square, with CEO Jack Dorsey said to favor a sale to Apple.

In the last year, both Apple and Google have considered making acquisition offers for Square, according to industry sources familiar with the situation [...]

[Dorsey] believes, sources said, that his company’s design aesthetic and values match up much more closely with Apple than Google …

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CES 2014: Griffin unveils new iOS & Mac accessories- StudioConnect HD, PowerMate Bluetooth, & GuitarSidekick for iPhone

Ahead of the official International CES 2014 show taking place next week in Las Vegas, tonight Griffin, alongside a number of other companies, debuted new products at the official CES Unveiled press event. We told you earlier about the company’s new Square card reader case (the first of Square’s partners for a new program that will see similar products released in the future), but Griffin also had other Apple related products on show tonight including new audio accessories, a bluetooth controller for Mac, and more.

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Square launches Square Cash, allowing money transfers between anyone through email

Square has just launched a new service called Square Cash, which allows quick money transfers between any two parties using through an email. Contrary to what you might be expecting, you don’t need to sign up or get all of your friends onto Square Cash to share funds. Instead, you just need to link a debit card to your account.

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