If you’ve made any payments with a chip card, you’ve probably had awkward moments — those long seconds after you’ve inserted the card and everyone behind you is (literally or metaphorically) tapping their foot, waiting for the card to be processed. Well, Square has been working on this problem for a while now. Last fall, […]
View More Square can now process chip cards in two secondsCategory: Square
Square’s crazy run this year dodges any major snags with a decent Q2
While we’re talking about companies like Apple getting alarmingly close to a $1 trillion market cap, both of Jack Dorsey’s companies — Twitter (at least before its earnings last week) and Square — have been on considerable runs, and it looks like the latter won’t be coming to a major halt after today’s quarterly report. […]
View More Square’s crazy run this year dodges any major snags with a decent Q2Ebay to add support for Apple Pay, partners with Square Capital on seller financing
Ebay announced this morning it will begin accepting Apple Pay on its marketplace starting this fall, and has also teamed up with Square Capital on seller financing. The changes come following eBay’s further distancing from longtime partner PayPal, which included the company’s switch to Adyen as its primary payments processing partner, announced earlier this year. At […]
View More Ebay to add support for Apple Pay, partners with Square Capital on seller financingSnapchat will shut down Snapcash, forfeiting to Venmo
Snapcash ended up as a way to pay adult performers for private content over Snapchat, not just a way to split bills with friends. But Snapchat will abandon the peer-to-peer payment space on August 30th. Code buried in Snapchat’s Android app includes a “Snapcash deprecation message” that displays “Snapcash will no longer be available after […]
View More Snapchat will shut down Snapcash, forfeiting to VenmoToast raises $115M at a $1.4B valuation to create a one-stop management tool for restaurants
While massive restaurant chains might have resources to build out their own management systems or integrate with larger point-of-sale providers, Toast — a provider of tools for restaurants to manage their business — is raising a big round of funding to go after everyone else. Now Toast is a business valued at $1.4 billion thanks […]
View More Toast raises $115M at a $1.4B valuation to create a one-stop management tool for restaurantsSquare’s Caviar agrees to pay $2.2 million to settle class-action lawsuit over gratuity
Square, the payments company led by Jack Dorsey, has agreed to pay $2.2 million to settle a class-action lawsuit involving its on-demand food delivery service, Caviar . Today, customers who ordered food from Caviar between January 20, 2012 and August 31, 2015 received a notice of the proposed class-action settlement. As part of the settlement, […]
View More Square’s Caviar agrees to pay $2.2 million to settle class-action lawsuit over gratuitySquare brings its Stand for iPad tablets to the UK
Square, the company that provides payments and other business services to merchants, is today taking another step in its gradual expansion outside of the U.S. Stand — one of Square’s key pieces of hardware, turning an iPad into a point of sale system — is launching in the U.K. It will sell for £64 (+VAT) […]
View More Square brings its Stand for iPad tablets to the UKJack Dorsey graces NYC’s Blockchain Week to talk up magic internet money
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Jack Dorsey loves magic internet money.
This was made explicitly clear on the third and final day of Consensus, an annual blockchain conference in Midtown Manhattan, when the Twitter and Square CEO told a gathered crowd that one day soon the internet is going to have its own unique form of money — and that he’s totally here for it.
SEE ALSO: Dispatches from the ‘Coachella of Bitcoin’: Lamborghinis, crypto-jewelry, and fake protests
“The internet deserves a native currency; it will have a native currency,” he explained while being interviewed on stage by Elizabeth Stark of Lightning Labs. “I don’t know if it will be Bitcoin or not. I hope it will be. I am a huge fan.” Read more…
More about Twitter, Bitcoin, Jack Dorsey, Square, and Blockchain
View More Jack Dorsey graces NYC’s Blockchain Week to talk up magic internet moneySquare launches restaurant point-of-sale platform
Square, which has already made its way into retail stores and service-based businesses (think hair salons, massage therapists, etc), is officially getting into the restaurant business with the launch of Square for Restaurants. Square for Restaurants is a point-of-sale system that handles everything from menu updates, floor layouts, employee scheduling, performance tracking to tip splitting. […]
View More Square launches restaurant point-of-sale platformSquare is acquiring website builder Weebly for $365M
Square just announced that it’s reached an agreement to acquire Weebly for $365 million in cash and stock. While Square is best known for its payment software and hardware, it’s also been expanding into other areas, for example with the acquisition of food delivery service Caviar and corporate catering startup Zesty. Weebly, meanwhile, offers easy-to-use […]
View More Square is acquiring website builder Weebly for $365MSquare acquires corporate catering startup Zesty
Square has acquired elements of corporate catering startup Zesty . Square, which already owns on-demand food delivery service Caviar, plans to use Zesty’s assets to strengthen Caviar’s corporate ordering business, Caviar for Teams. Neither company disclosed financial terms of the deal, but the plan is for Caviar and Zesty to operate independently in the short […]
View More Square acquires corporate catering startup ZestySquare Cash now supports direct deposits for your paycheck
It seems like each new feature Square adds to its Cash app brings it one step closer to being a de-facto bank account for its users. Case in point, the app just rolled out support for ACH direct deposits, meaning users can now get their paycheck …
View More Square Cash now supports direct deposits for your paycheck