Payments News

On The Web

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Companies

Square’s Payment App Will Support Tap to Pay on iPhone Later in 2022

“Square has announced that it will bring Tap to Pay on iPhone support to its existing point of sale app, allowing users to receive contactless payments without any additional hardware.   The feature, which Apple announced in February, essentially allows users to turn an iPhone into a contactless payment terminal. Now, Square says it’s bringing […]
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Companies

How Jack Dorsey’s Cash App Plans to Become a Super App

“Jack Dorsey’s Cash App plans to be come a super app in order to rival PayPal as it aggressively integrates its buy now, pay later (BNPL) subsidiary Afterpay. Block, formerly Square, executives outlined the plan to investors at an event on Wednesday. The plans involved fully integrating buy now, pay later provider Afterpay into the […]
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Companies

Square Acquires GoParrot to Offer Advanced Capabilities for Restaurants

“Square has acquired GoParrot, an all-in-one digital ordering and marketing platform for restaurants. GoParrot enables restaurants to connect more easily and directly with customers through powerful omnichannel software. As a long-time Square partner, GoParrot’s products already integrate with Square’s ecosystem of solutions. With GoParrot, Square sellers can offer an exceptional customer experience with a customizable […]
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Companies

Launch of Square Loans Offers Quick, Simple Access to Funds for Canadian Businesses

“Today, Square announced the launch of Square Loans in Canada, giving small businesses quick and simple access to funds and eliminating another major pain point associated with running a business.  By using transaction data, Square Loans proactively surfaces customized offers to eligible sellers, providing them with a straightforward application process, where no paperwork is needed, […]
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Companies

Block Says Ex-Worker Downloaded Cash App Customer Data – Law360

“Financial technology giant Block Inc. disclosed in a securities filing Monday that a former employee downloaded brokerage account information from its subsidiary Cash App without permission, saying it had notified 8.2 million customers about the security incident. Block said the information included names, brokerage account numbers — which are associated with a user’s stock activity […]

On The Wires

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Companies

Square Expands Afterpay Integration to In-Person Points of Sale

“Today, Square marks another key milestone in its integration of Afterpay, extending buy now, pay later (BNPL) functionality to its millions of in-person sellers in the United States and Australia. Just three months after first bringing Afterpay into the Square ecosystem with e-commerce integration, Square and Afterpay moved swiftly to unlock the ability for sellers using […]
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Companies

Square Loyalty and Square Marketing Launch for Irish Businesses

“Square has announced two new products in Ireland to help businesses grow their sales and engage their customers with just a few clicks. The two pieces of software, Square Marketing and Square Loyalty, are now available as separate subscriptions for Irish businesses of all types and sizes.”
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Companies

Square Announces Official Launch in Spain After Successful Early Access Programme

“Square, the company specialising in software, payments, and hardware solutions for businesses of all sizes, announces its arrival in Spain following a successful Early Access Programme. Starting today, Spanish entrepreneurs, freelancers and business owners will be able to use Square’s ecosystem of tools; the only end-to-end solution of its kind in the country.”
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