M-payments acquisition of Evenly made by Square

Square Inc. mobile payments nfc technology

The processing business is seeking to broaden its capabilities through the purchase of the startup. The most recent acquisition made by Square appears to be geared toward making it easier for its app users to be able to use m-payments to send and collect money from their friends. This was what the company revealed when it announced its acquisition of Evenly. The acquired company was designed to be an easy m-payment app that has tools that Square clearly finds to be highly appealing and wants to be able to integrate…

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