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Square is a financial services platform by Block, Inc. for small and medium-sized businesses. [1] [2] It enables accepting credit card payments using smartphones as POS registers, and facilitates various business operations. As of 2023, Square reports 4 million merchant clients and an annual payment value of US$ 210 billion.
Block, Inc. (formerly Square, Inc. [9]) is a U.S. listed company founded by Jack Dorsey and Jim McKelvey in 2009. It is a financial technology conglomerate. The company reportedly serves 56 million users and 4 million businesses, and processes payments worth US$ 228 billion annually as of 2023. [10] [11] [3]
A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world. [2]
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 ...
Square (SQ) is acquiring Australian buy now, pay later (BNPL) company Afterpay for a $29 billion in stock, signaling that the digital payments company is entering the installment payment market.
Square (SQ) is acquiring Australian buy now, pay later (BNPL) company Afterpay for a $29 billion in stock, signaling that the digital payments company is entering the installment payment market.
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