Square reveals plans to support Apple Pay in 2015
Nov21
Square recently announced plans to support chip-based credit cards with new hardware as it expands globally, but it seems the company isn’t ignoring alternative payment methods, such as Apple Pay. In an interview with CNN, Square founder Jack Dorsey said his company plans to begin accepting Apple’s new transaction standard at some point in 2015. He doesn’t specify whether this will be through the upcoming chip-card readers or additional new hardware, however. Although EMV-based chip cards use similar technology to the NFC of Apple Pay, it doesn’t seem Square’s recently announced hardware directly supports the latter. There’s no word on whether Square also intends…
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