It’s been a big few weeks for Jack Dorsey. Firstly he returned to spearhead the new and improved Twitter era, then his mobile payments company Square floated on the stock market.
Now the latter is launching perhaps its most important new product yet. A card reader that’s compatible with mobile payment solutions like Apple Pay (via Engadget).
The new reader, which was announced earlier this year, is now available to merchants in a host of US cities for a price of $49.
Just like traditional mobile payment terminals, smartphone owners using Apple Pay, Samsung Pay and Android Pay will simply be able to hold their device over the readers in order to complete payments.
Considering the number of small businesses and retailers already making use of Square’s quick, easy and low-free swipe-card readers, adoption should be pretty swift.
As we wrote in a living with Apple Pay feature this summer, mobile payments barely exists outside of the chain store world, so this should fix that in a hurry.
See also: Can Apple Pay replace your wallet?
From today Square’s new reader is rolling out in: Atlanta, Austin, Boston, Chicago, Denver, Los Angeles, Nashville, New Orleans, New York, Miami, Minneapolis, Philadelphia, Phoenix, Sacramento, San Francisco, Santa Cruz, Seattle, St. Louis Tampa, and Washington, D.C.
Check out the new Square reader in the video below.
http://www.youtube.com/watch?v=HZscD_iiK70
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Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.