Square payment technical glitch leads to business owner losing thousands of dollars

Square Payments - Coffee Shop

Owner of a Toronto-based mobile coffee shop says she lost $14k in payments made through Square. Monica Mustelier, a Toronto business co-owner of Little Havana mobile coffee shop lost CA$14,000 (US$10.5k) to a Square payment technical glitch and it seems that Mustelier may not be the only one. Square won’t say if the issue is widespread. According to CBC News, a glitch in the popular Square payment technology is causing financial frustration for some of the mobile payment company’s users. When asked if it is a widespread issue or if…

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Square In-App Payments processing becomes a reality

Square In-App Payments - Square Reader Mobile Phone Payments - YouTube

Square has launched a customizable SDK in-app payment solution for iOS, Android and Flutter. Square In-App Payments SDK (software development kit) has been launched by the San Francisco-based financial tech company, enabling developers and sellers who use its services to accept in-app payments. While Square has products to help sellers accept payments on the web and in person, this is the first time it will be available in mobile apps. Buyers can securely pay for physical goods or services purchased via mobile app. With the Square In-App Payments SDK, developers…

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Square mobile payments have now launched in Australia

Square Inc. mobile payments nfc technology

The smartphone based transaction company has now launched its services into a fourth marketplace. Square has now launched its mobile payments services into its fourth marketplace, as it has stepped into Australia, giving small businesses in that country the opportunity to use their smartphones and tablets as credit card reading point of sale devices. The other countries in which the service is available include the United States, Japan and Canada. This announcement arrived nearly immediately before Square was to make the announcement of its first earnings report since the mobile…

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NFC technology now supported by Square mobile payments reader

Square Inc. mobile payments nfc technology

This allows small business merchants to accept payments from mobile wallets like Apple Pay and Android Pay. While Square had previously allowed mobile payments to happen through the swiping of a credit card through a simple dongle attached to a mobile device, among other means, it has now upgraded to use NFC technology, which will open the door to compatibility with a broad spectrum of different mobile wallet app based transactions. This has considerably changed the environment when compared to the company’s original model. The new dongle that is NFC…

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Mobile wallet taken down by Square

Square Inc. mobile payments nfc technology

That said, the company has not given up on mobile payments and intends to try again with a new app. Square has announced that it is giving up on its mobile wallet app and that it is taking the app down because it simply didn’t catch on among consumers, despite the fact that it was first introduced back in 2011. The app was designed to help local merchants to offer a fast and easy mobile payments solution to customers. However, even among the merchants that did adopt the use of…

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