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Mobile payments from Square take aim at traditional registers

05/16/201305/15/2013 Jorge Gonzalez

Square Inc. mobile payments nfc technology

A new hardware has just been released by the company today to help to step further into stores. The Square Register, a mobile payments service, has now been joined by a whole new piece of hardware from the company, which should help it to provide a more stable base. The new product has been called the Square Stand and gives the iPad based register a base to stand on. Beyond that, the mobile payments hardware provides the register with an encrypted card reader. The purpose of adding this new piece…

Mobile payments through Square Wallet include gift cards

04/03/201304/02/2013 Stephanie Beck

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…

Mobile payments from Square slowing down at Starbucks

03/28/201303/27/2013 Jorge Gonzalez

The smartphone wallet program is not growing at the same rate that it had once enjoyed. According to the latest reports that have been published, the mobile payments system from Square is starting to lose steam at the massive Starbucks coffee chain, which has always been recognized for considerable smartphone transaction successes. There appear to be some issues that are getting in the way of usage of the transactions. Among the primary reported struggles for this mobile payments program is that baristas at Starbucks are struggling to complete some of…

Mobile payments leaders battling it out in Europe

03/18/201303/16/2013 Jesse Collins

The three largest names in the sector have made themselves known as PayPal, Square, and Intuit. The mobile payments market in Europe is finally starting to experience some meaningful growth in Europe and the United Kingdom, and the biggest names in that industry are starting to find themselves in a fierce competition. For instance, Intuit Pay has now finally been launched in the U.K. for card transactions over these devices. This is a market in which Intuit had not previously had a standing, but where it has now given itself…

Mobile payments cease and desist order received by Square in Illinois

03/04/201303/21/2014 John Montgallo

Regulators within the state have halted the company from processing transactions until it obtains licensing. Illinois regulators have just slapped Square – a startup mobile payments company that is making a major splash in the industry – with a cease and desist order, saying that it has not taken adequate steps to receive appropriate licensing in the state. This has ground the progress of the smartphone transactions from that company to a halt. It has also meant that a number of small businesses such as coffee shops and other retailers…