- Joined
- Nov 27, 2012
- Messages
- 836
- Reaction score
- 130
At the end of this fall, Square unveiled its NFC-friendly reader, but it was only available on Square's website. Now, it is being made available in Apple retail stores too. You should know that Square's wireless reader is compatible with not only chip-enabled debit/credit cards but also NFC payments like Apple Pay, Android Pay and Samsung Pay.
Also, you should know that you can still use it with regular swipe and sign cards. Square has partnered up with Apple for its previous card-reader dongle, as well as its Square Stand register. Square's new NFC reader can now be purchased from Apple online or in U.S. stores for $49.
Businesses using it must additionally pay Square 2.75 percent for each transaction. At the moment, Apple Pay is accepted at more than 1 million locations in the U.S., but its early rollout has mostly been limited to larger franchises.
Source: MacRumors
