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  2. Square (financial services) - Wikipedia

    en.wikipedia.org/wiki/Square_(financial_services)

    Square charges $99 for Square Stand and $59 for its chip-based Square Reader. [43] The Square app is freely downloadable from the Apple App Store and the Google Play Store. Square charges a fee of 2.6% plus $0.10 on every electronically scanned credit card transaction [44] or 3.50% plus $0.15 per manually-entered transaction. No monthly or set ...

  3. Block, Inc. - Wikipedia

    en.wikipedia.org/wiki/Block,_Inc.

    Block, Inc. Block, Inc. (formerly Square, Inc.[9]) is an American technology company that provides financial services to consumers and small and medium-sized businesses (SMBs). [10][11] Founded by Jack Dorsey in 2009, it is the U.S. market leader in point-of-sale systems. [12][13][14] As of 2023, Block serves 56 million users and 4 million ...

  4. DOJ goes after payment giant Visa with new antitrust suit

    www.aol.com/finance/doj-goes-payment-giant-visa...

    Visa credit and debit cards are seen in this picture illustration taken Aug. 2, 2022. (REUTERS/Benoit Tessier/File Photo) (Reuters / Reuters)

  5. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank"). In a credit card or debit card transaction, the card ...

  6. Square Gets a $200 Million Valuation: Is This the Next PayPal?

    www.aol.com/news/2011-01-03-square-200-million...

    According to Sarah Lacy and Mike Arrington over at TechCrunch, mobile payments startup Square just got a new round of funding and a snazzy new valuation of $200 million. The company's rise is ...

  7. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...

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