Saturday , March 23, 2019

Search Results for: square

Can Square Succeed Where Walmart Fell Short? Bankers Are Set on Ensuring It Doesn’t

While the nation’s banking industry may not welcome the development, experts say Square Inc.’s recent efforts to establish an industrial loan corporation, a form of bank, could well succeed where others have failed. “Fighting the ILC designation is a good way for the banks to slow a dangerous competitor, but …

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The NFC Forum’s Latest Spec Is Aimed Squarely at QR Codes

Backers of near-field communication technology for mobile payments made it plain on Tuesday they’re ready to fight back against quick-response codes, a rival technology that has won support not only from giant systems like China’s Alipay and WeChat Pay but also domestically from merchant apps from big chains like Walmart …

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Square Posts Strong Growth for Cash App, Its Entry in the Hot P2P Payments Market

Square Inc. is rapidly growing into a heavyweight player in the hard-fought market for peer-to-peer payments. The San Francisco-based company had 15 million active users in December for its P2P product, Cash App, a number that doubled from December 2017, the San Francisco-based company disclosed on Wednesday. That’s still well …

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Square Faces Slower Growth Prospects, Analyst Says

Square Inc.’s share price slid 10% Tuesday in the wake of an analyst’s report saying growth for the high-flying merchant processor is becoming tougher. Square’s organic growth probably peaked in 2018’s third quarter and growth in subscriptions and services will slow in 2019’s second quarter as recent acquisitions are absorbed, …

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Square Launches Card for Merchants and other Digital Transactions News briefs from 1/18/19

Square Inc. introduced its Square Card for its merchants, a Mastercard-branded business prepaid card issued by Sutton Bank that makes funds in the seller’s Square account available instantly for purchases. Holders of the no-fee dual-interface card get a 2.75% discount when they make purchases at other Square sellers’ locations. Fit …

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Square’s Push Upmarket Leads It to Launch an SDK for In-App Transactions

Square Inc. released a software development kit to enable merchants and developers to use Square for their payments processing in apps. Announced Wednesday, the SDK marks a first for Square and creates a single platform for transactions made by Square merchants that also sell in stores. The SDK is available …

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