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…
Read MoreTag: Square mobile
Mobile commerce battle stepped up by Square
The smartphone payments startup has introduced digital gift cards into its mix to compete with PayPal. Smartphone payments startup, Square, Inc., has upped the ante in the battle against PayPal for a dominant position in the mobile commerce environment, with a new feature that allows retailers to sell gift cards to shoppers. This updated version of the Square Wallet application allows for the purchasing and redemption of gift cards. The app is compatible with both iPhone and iPad devices, as well as those running on the Android operating system. The…
Read More