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Square is a popular payment processing service that offers software and hardware solutions. Originally the company started with a small credit card reader that worked via headphone jack in 2009.

Square has built a highly successful business with easy to use software and hardware that appeals to a range of businesses from individual entrepreneurs up to larger businesses like retailers.

In 2015, Square launched its contactless and chip reader that brought Apple Pay support. While the company has updated its Square Stand offering for use with iPads over the years, it has also released a dedicated, integrated system called Square Register.

 

Block unveils next-generation Square Stand for iPad with built-in NFC reader for payments

The well-known payments company Block (formerly known as Square) has always offered solutions for merchants who use iPads as sales terminals. However, this time, Block is now introducing a new iPad stand that comes with a built-in NFC reader for payments.

Update: Block has now officially unveiled the next-generation Square Stand for iPad.

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Square to acquire majority stake in Tidal for $297M, looking to translate fintech success to music streaming

square-tidal

We heard a surprising report back in December that Square was in talks with music streaming service Tidal about a possible acquisition. Now it’s surfaced that the fintech company is slated to buy a majority stake in the niche music streaming service for $297 million. The new partnership is aiming to translate the success of Square in the fintech space to Tidal’s artist-owned and led approach to music streaming.

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Square brings its Apple Pay-compatible card readers to small businesses in the UK

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Square has now launched in the UK, allowing small businesses to accept payment by both cards and Apple Pay through its iPhone- and iPad-connected card readers. Even better, UK businesses will pay a lower transaction fee than Square charges in the USA.

A small white box combines a slot for chip-and-PIN cards and an NFC reader for contactless cards and Apple Pay …


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Despite anti-Apple tirades, Apple Pay will be available at Kanye West’s pop up shops this weekend

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Mean Kanye

 

Not one to shy away from the spotlight, Kanye West has announced that this weekend he’ll be opening up 21 pop shops around the world, some of which will be exclusively accepting Apple Pay thanks to a partnership with Square. Square’s contactless readers will be available in the U.S., Canada, and Australia so that customers can focus on paying for their items as quickly as possible. West claimed that the last pop-up shop had generated $2 million in sales in New York City alone, so a high revenue weekend like this could be great exposure for Square’s technology.


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Square Cash introduces Cash Drawer to compete with Venmo and PayPal

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Square Cash, Square’s app that allows users to send money to each other for free, saw a new update today that puts it more inline with competitors. With Cash Drawer, Square Cash now let’s users hold money within the app instead of transferring it immediately out to their own accounts. This behavior directly mimics functionality that Venmo and PayPal bolster.


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Hands-on: Square Contactless is an Apple Pay payment terminal for any business [Video]

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Square Apple Pay Reader

Late last year Square released its updated Square Reader for accepting contactless and chip payment methods on iPhones and iPads, which means small businesses and pop up shops can take Apple Pay payments from iPhones and Apple Watches without expensive terminal systems. The new Square Reader goes for $49 with transaction fees set at 2.75% so you keep $97.25 out of every $100 sent through Square. Square’s app lets you create mobilized businesses on iPhones and iPads, and we’ve tested the new Apple Pay-ready reader to see just how easy it all is.


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Square’s new Apple Pay-ready contactless card reader now rolling out

Square Apple Pay

Earlier this year around WWDC, Square announced that it would be selling new hardware that will allow small businesses to easily accept Apple Pay later this year. Now Square is setting up 100 small businesses around the US with their new Apple Pay-ready contactless card reader. These allow customers to pay merchants using Apple’s mobile payment service through iPhones and Apple Watches securely and without sharing credit card information.
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