Tagged: square

Square Fills Out Crypto “Bitcoin Dream Team” with Three New Hires

Financial services company Square Inc. (NASDAQ:SQ), co-founded in 2009 by Jim McKelvey and Twitter’s Jack Dorsey, has announced three new hires to the company’s Bitcoin-services development division. According to the company, Wallace is a former developer from Lightning Labs, the company behind the Lightning Network,… Read More

Square Now Offering Free EIN Assistant For Small Businesses

Payment process platform Square announced earlier this week its new free tool available to small business owners all over the U.S., the EIN Assistant from Square Payroll.  According to Square, the EIN Assistant simplifies and streamlines the process of filling out the dense, legalese-filled forms required… Read More

Payments Company Square’s Crypto Division Awards $100,000 Grant to BTCPay Foundation

San Francisco-based payments technology firm Square’s Crypto division is giving the first of what will be a series of grants to the BTCPay Foundation, in order to support the development of Bitcoin-related projects. On September 14, 2019, Square Crypto revealed via Twitter that it will… Read More

Mobile Payments Firm Square Is Preparing to Add Stock Trading to Company’s Cash App

San Francisco-based mobile payments company Square is testing a new feature that allows users to trade stocks through the company’s Cash App.  Square’s employees have been testing out the newly integrated feature, according to Bloomberg. Once it has launched, Cash App users will reportedly be… Read More

Report: Jack Dorsey Has No Plans to Issue “Twitter Coin”

Jack Dorsey has reiterated his support for Bitcoin in an interview with The Sydney Morning Herald, and says Twitter has no plans to create a private digital currency for that network. “I think open Internet standards serve every person better than ones controlled or started… Read More

Square Launches New Feature “Orders API” to Enable Developers to Build Solutions for Online Orders

Payment process platform Square announced last week the launch of its new feature, Orders API, According to Square, Orders API enables developers to build solutions that let buyers place orders online, in-person and in-app. “Orders API enables developers to deliver an enhanced experience to merchants as… Read More

Square Announces New Partnership With the Ogden Raptors Offer New Payment Experience at the Ballpark

Payment process platform Square announced last week it has formed a new partnership with the Ogden Raptors, which is a professional minor league baseball team and affiliate of the Los Angeles Dodgers, to provide what it claims to be a faster and more convenient payment… Read More

Jack Dorsey, Twitter and Square CEO, Talks Up Company’s Nascent Crypto Development Team

Jack Dorsey, self-taught programmer and co-founder of Twitter and Square gave two interviews this week in which he talked up Square’s recent efforts to coalesce an in-house team of developers that will contribute to coding Bitcoin and possibly other cryptocurrencies. Square began by providing credit… Read More

Bitcoin Revenues at Square Have Doubled Since Q1 2018

Revenues from the sale of Bitcoins through Square’s “Cash App” almost doubled over the past year ($65.5 million), with Bitcoin sales accounting for almost 10% of the company’s Q1 2018 revenues ($656 million). The figures are provided in Square’s quarterly report available here. Square is… Read More

Square Launches New Mobile App That Allows Sellers to Create, Manage, & Send Invoices From Anywhere

Payment process platform Square announced on Tuesday the launch of its new mobile app, Square Invoices, to allow sellers to create, manage, and sending invoices from anywhere. Square reported that as part of Square’s wider ecosystem of mobile tools, the Invoices app enables sellers to… Read More

While Community Bankers Bash Square’s Attempt to Become a Bank, Hope Rises for Fintechs and the ILC Application Process

There has been growing chatter that Square (NYSE: SQ) may soon receive approval regarding their application to become an Industrial Loan Company (ILC) which is similar to a bank. The change of leadership at the FDIC has set a more positive tone for Fintechs and their… Read More

Square Introduces Debit Card for Businesses

Payment process platform Square announced on Thursday the launch of its new debit cards for businesses. Square reported that the Square Card is a free business debit card designed to help business owners more effectively manage cash flow by providing immediate access to their balance, which is… Read More

Square Debuts Payments SDK; Now Enabling Developers to Process Payments Though Mobile Apps

Payment process platform Square announced on Wednesday the launch of the Square In-App Payments Software Development Kit (SDK), which will now enable developers and sellers to process payments with Square within their consumer-facing mobile apps for the first time. Square revealed: “With just a few lines of… Read More

Millennials Using Phone Payment Apps Make Worse Money Decisions

Mobile payments is one of the hottest sectors in Fintech. Venmo and Square/CashApp have battled for years over the hearts and minds of millennials, with CashApp recently declaring victory– thanks in part, some say, to its pioneering incorporation of Bitcoin trading into the app. In May,… Read More

Bitcoin-Friendly Payment Company Square Named Yahoo Finance Company of the Year

Square, providers of distinctive white-plastic and user-friendly mobile payments hardware as well as North America’s most popular (Bitcoin-friendly) peer-to-peer payment app, Cash App, have crowned a banner year by being declared Yahoo Finance’s 2018 Company of the Year, Yahoo reports. First, there was the stock’s… Read More

Square Reapplys For Banking License

Payment process platform Square has reportedly reapplied for its banking license. This news comes less than six months after the company withdrew its application.  According to Finextra, the company previously submitted its banking license application with the Federal Deposit Insurance Corporation (FDIC) to become a… Read More

Square Introduces New Feature to Provide Flexible Payment Options For Customers

On Thursday, Square announced the launch of Square Installments, which is described as a new tool to help customers bring in more customers and grow sales. Square reported that with Square Installments, customers have the freedom to pay for a large purchase by splitting it into… Read More

Square Update: Reader Now Can Process Chip Cards in Just Two Seconds Without Signature Required

Payment process platform Square announced this week it has updated its Square Reader for contactless and chip and Square Register will now process chip cards in just two seconds (previously 3.6 seconds) without the requirement of a signature. While sharing more details about the update, Jesse Dorogusker, Head of Hardware… Read More

Square Launches Square Reader SDK Developer Toolkit For Sellers & Buyers

Square announced this week the launch of its Square Reader SDK, which is described as a complete toolkit that enables developers to reimagine the checkout experience for both sellers and buyers. The fintech firm reported that Square Reader SDK is a set of developer tools… Read More

eBay & Square Partner on Business Loans, Apple Pay Coming to eBay this Fall

eBay (Nasdaq:EBAY)  and Square Capital (NYSE:SQ) have signed an agreement to provide up to $100,000 in credit to sellers – in as little as one day. The partnership is not only a streamlined offering of financing for small businesses that use eBay but also a… Read More

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