Payments News

On The Web

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Companies

Square Joins Cryptocurrency Non-Aggression Pact on Patent Suits

“Square Inc. , the mobile payments company, has joined with other tech companies in a cross-licensing platform to reduce patent lawsuits over cryptocurrency and promote the growth of digital currencies. The company says it is joining the Open Invention Network where members pledge royalty-free access to patents for open source technology.”
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Companies

Square Offers Sellers and Consumers a New Checkout Experience With Cash App Pay

“Starting today, Square sellers will be able to accept payments through Cash App Pay, a new contactless payment method for both online and in-person transactions. With Cash App Pay, consumers can seamlessly pay with their Cash App account at participating Square sellers. For both in-person and online transactions, customers simply scan a seller’s QR code […]
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Companies

Square Building New Bitcoin-Inspired Financial Services Business

“Square Inc. is creating a new business line to help developers build financial services products focused on Bitcoin, according to tweets from Chief Executive Officer Jack Dorsey…The San Francisco-based digital payments company has three business lines: Cash App, Square Seller products and the music-streaming service Tidal, which it acquired earlier this year . Dorsey has […]
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Companies

Square Plans New iPad Payment Terminal With Built-In Tap-to-Pay

“Square Inc. is developing an iPad point-of-sale terminal that will let shoppers more easily tap to pay for purchases at participating stores. The company’s current Square Stand, launched in 2013, features a magnetic stripe reader but requires an external device to handle phone payments or tap-to-pay credit cards. The new version in development integrates the […]

On The Wires

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Companies

Square Loyalty and Square Marketing Launch for UK Businesses

“Square has announced two new tools in the UK to help businesses grow their sales and engage customers with just a few clicks. The two tools, Square Marketing and Square Loyalty, are now available as separate subscriptions for UK businesses of all types and sizes…Businesses can also now build a loyalty program in minutes with […]
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Companies

Square and TikTok Partner to Help Businesses Expand Their Reach Online

“Today, Square and TikTok announced a new integration that will make it easy for sellers of all types and sizes to reach new customers and grow their sales online. Square x TikTok enables sellers to send fans directly from TikTok videos, ads, and shopping tabs on their profiles to products available in their existing Square […]
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Companies

Shopistry Teams With Square, Bringing Headless Commerce to Merchants Across Channels

“Shopistry, a leading headless commerce platform for fast-growing digital-first brands, today announced a new integration with Square enabling merchants to easily launch custom commerce experiences, including web stores and mobile apps, fully integrated with Square Online and Square Payments. Now a member of the Square Solutions Partner Program and available in the Square App Marketplace, […]
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Companies

Introducing Square Banking, a Suite of Powerful Financial Tools for Small Businesses

“Today, Square launches Square Banking, a suite of financial products purpose-built to help small business owners easily manage their cash flow and get more out of their hard-earned money. Coming on the heels of Square’s industrial bank, Square Financial Services, beginning operations in March, Square Banking represents a major milestone in Square’s continued efforts to […]
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Companies

Square Acquires Crew to Strengthen Workforce Management Offerings

“Square (NYSE: SQ) today announced it has acquired Crew, a frontline employee platform for consolidating and streamlining the day-to-day operations of hourly workforces. Communication is a critical element for all employers managing teams. With the acquisition of Crew, Square gains a robust workplace messaging platform that will strengthen, complement, and scale its existing labor management […]