Square

Square Shows Strength Going Beyond POS Payments

Square Shows Strength Going Beyond POS Payments

In a recent PaymentsJournal commentary, I noted that Square was continuing to diversify into banking and related financial services. Its POS payment transaction service operates in a crowded field and is limited by a commodity-type pricing model. Now Stripe’s expansion beyond POS transactions is really paying off.

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PayPal and Square Are on a Collision Course

PayPal and Square Are on a Collision Course

(( PayPal NASDAQ:PYPL) and Square NYSE:SQ) saw their payments volumes head in opposite directions in April amid the novel coronavirus pandemic. PayPal saw payment volume increase about 22% last month while the same metric fell about 39% for Square. There’s been a major upheaval in shopping behavior.

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Square Wins FDIC and Utah Approvals for Its ILC, Sparking Heated Banking Opposition

Square Wins FDIC and Utah Approvals for Its ILC, Sparking Heated Banking Opposition

The federal government and the state of Utah this week cleared the way for a controversial industrial loan corporation to be set up by Square Inc. that could help the payments company cement ties with its merchant base.

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PayPal’s Huge Missed Opportunity Could Be Square’s Gain

PayPal’s (NASDAQ: PYPL) move to acquire Venmo through the purchase of Venmo’s then-parent company Braintree in 2013 got a lot of praise at the time. The mobile payment app was seen as an important asset that would help PayPal solidify its leading position in the mobile payment services industry.

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Square Faces Suit Over Misdirected Medical Receipt

Square Faces Suit Over Misdirected Medical Receipt

A California man is suing Square ( SQ +0.7), alleging that payments company violated privacy laws when it forwarded a digital receipt containing details of his medical history to one of his friends, the Wall Street Journal reports. The plaintiff, A. Trent Ruark, is seeking class-action status for the lawsuit.

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Square Extends Invoice App to the U.K.

Square Extends Invoice App to the U.K.

The information you need to start your day, from PaymentsSource and around the Web: Light on cash Square is launching its invoices app in the U.K. for businesses that are concerned about the timing of their payments. The app, which Square in 2018 tied to Google Pay and Square’s own APIs in the U.S.

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Square Launches Terminal, an All-in-one Device for Card and Mobile Payments

Square Launches Terminal, an All-in-one Device for Card and Mobile Payments

Square is launching a new point-of-sale hardware device called Terminal, which can accept credit card and mobile payments through Apple Pay, Google Pay, Samsung Pay, and NFC.

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Square Expands Its Bank-like Offerings

Square Expands Its Bank-like Offerings

Payments start-up Square is encroaching on even more of traditional banks’ territory. The San Francisco-based tech company announced Thursday it will let businesses using Square’s payment network give customers the option to break big payments up, into smaller, fixed, monthly ones.

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What’s the Best Mobile Payment Platform: Zelle, Venmo, Square or Apple Pay?

What’s the Best Mobile Payment Platform: Zelle, Venmo, Square or Apple Pay?

Digital wallets and P2P payments are fast becoming table stakes for banking providers that want to remain relevant with today’s digital consumers.

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Will Square Be the Next P2P Provider to Get Into Banking?

Will Square Be the Next P2P Provider to Get Into Banking?

At Recode’s annual Code Commerce conference this week, Square Chief Financial Officer Sarah Friar indicated that the company is considering lots of [banking-related] ideas, including savings products and investment services. According to a pymnts.

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Square May Start Acting More Like a Bank Using Its Hit Cash App

Square May Start Acting More Like a Bank Using Its Hit Cash App

Square’s peer-to-peer payment app could start looking way more like your average bank account. The payment company is considering lots of ideas like saving products and a way to let customers trade stocks, Square Chief Financial Officer Sarah Friar said at Recode’s annual Code Commerce conference in New York Tuesday.

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Square Offers eGift Cards in the UK

Square Offers eGift Cards in the UK

Square has announced that it will be offering eGift cards in the U.K. to help small businesses boost revenue during the upcoming holiday shopping season. The news comes as U.K.’s High Street posted its worst August performance in three years, which makes this holiday shopping season crucial for these retailers.

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