iZettle offers Lite choice

The market for mobile point-of-sale readers is usually thought to be small companies, but Swedish firm iZettle wants to segment it further. The firm’s new Lite carder reader is free, while its other, the Pro, costs £49 (excluding VAT). Both …

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Companies get on board with Obama call for greater payment security

A number of companies, including Apple, MasterCard and Visa, signed up with projects to make mobile payments more secure, as part of President Obama’s cybersecurity summit in Silicon Valley. One initiative involves Apple, along with the two credit card giants …

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Square gets its fingers on Apple’s Touch ID

Square Cash, the app which enables P2P money transfer, has been updated so users can authenticate the sending of funds using the Touch ID fingerprint sensor on later versions of the iPhone (the iPhone 5S and above). The addition of …

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Former Square COO backs money-saving startup

Keith Rabois, formerly COO of payment firm Square and now working with Khosla Ventures, led a $1.5 million investment round in a US firm whose first service is designed to help the country’s low-income workers better manage their finances using …

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Square snaffles top Visa exec for global push; $100M daily milestone passed

Mobile point-of-sale provider Square has hired Kevin Burke, a former Visa exec, to head up its customer acquisitions, as well as encourage take-up of its Register service and back office tools internationally. Burke was most recently chief marketing officer, core …

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Square takes software global as Jack Dorsey talks up more Snapchat-like partnerships

LIVE FROM THE 125 EVENT WITH THE FINANCIAL TIMES: Square has made its point-of-sale software available globally, while CEO Jack Dorsey (pictured) said the payments firm could partner up again following this week’s announcement with messaging firm Snapchat. Previously Square …

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Snapchat teams with Square for IM cash transfers

Ephemeral instant messaging (IM) service Snapchat has teamed up with payment processing outfit Square to allow users to transfer cash to each other over IM. The new service is called Snapcash, appropriately enough, and will initially only be available in the US.

Snapchat is latest messaging player into payments

Following the likes of Daum Kakao and LINE, Snapchat jumped into the payments market with a new service that allows its users to send and receive cash. The firm has partnered with mobile payments outfit Square to launch Snapcash — …

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