square smartphone payments Archives

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 cease and desist order received by Square in Illinois

03/04/201303/21/2014 John Montgallo

Square Inc. mobile payments nfc technology

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…

Mobile payments service by Square offers small businesses advantageous rates

08/24/201208/23/2012 L. Green

They have offered the opportunity to pay a monthly rate instead of a per-use fee. The greatly hyped Square Inc. mobile payments startup has just announced that its services will now be available to small businesses at a monthly rate, providing them with greater flexibility in the way that they pay for transactions that are completed through the use of credit cards. This boosts the company’s competition with their rival, the PayPal card reader, even further. Square was founded by Jack Dorsey, who stated that companies that have a revenue…