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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