Mobile payments company Square, founded by Twitter's CEO Jack Dorsey, has launched in the UK and is eyeing a Europe-wide expansion.
The platform, which makes it easier for small and medium-sized businesses to take card payments, will sell a card reader that connects to a smartphone or tablet, thus allowing chip and pin or contactless transactions.
Britain, which is the fifth country where Square is available, is a good fit for the company as data from Barclaycard and FSB / BIS show that 70 percent of UK shoppers prefer to pay by card. Read more...
More about Fintech, Uk, Twitter, Jack Dorsey, and Squarevia Zero Tech Blog
