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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Mobile payments through Square Wallet include gift cards

Square Inc. mobile payments nfc technology

The smartphone friendly transaction system is now adding a new electronic funds source. Square has just announced that its Wallet app has been updated for both iOS and Android devices in order to be able to allow its users to make mobile payments through gift cards, in addition to the other funding methods available. Users are able to send the gift cards directly through Square from their e-receipt. As soon as a Square customer receives the electronic receipt from a merchant that accepts this brand of mobile payments, he or…

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