
Square - Payment volume
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Square Doubles Users Accepting Credit Cards To 2 Million In Six Months
Square Debuts Monthly Pricing Option For Small Businesses With Zero Swiping Fees
Targeting Merchants, Square Debuts Register iPad App And Analytics; Now Processing $4B In Payments Per Year
As we reported earlier this year, mobile payments company Square revealed that it was planning to add a number of new operational capabilities and data analysis to the register, including in-depth analytics.Square Processing $2B In Payments Per Year, Has Signed Up 800K Merchants
Disruptive mobile payments company Square is making a number of announcements today relating to growth and new user features. First, the company is dropping its new user limits. For background, Square offers an iPhone, Android and iPad app which allows merchants to process and manage credit card transactions with a handy little credit card swiping device that plugs into the headset/microphone jack.Square founder and CEO Jack Dorsey just tweeted a photo of the company’s internal dashboard, and, aside from looking very sexy, it’s boasting some impressive numbers.
Jack Dorsey Shares Some Big Square Numbers: 341,688 Readers Shipped, $137M Total Flow
Square Now Processing $4 Million In Mobile Payments Per Day
Mobile payments startup Square has reached a new milestone this week—the company is now processing $1 million in payments per day, co-founder Jack Dorsey just Tweeted. Square was processing a few million in mobile transactions per week as of last fall, so the startup has seen a steady increase in transactions over the past four months. The startup just raised $27.5 million in new funding, and is gaining a lot of a lot of buzz, most recently debuting a fairly large billboard in Times Square.

