Jack Dorsey’s Square gets Visa stamp of approval

I’ve been banging on about Square for quite a while. They’ve now got a massive, massive stamp of approval in the form of a strategic investment from Visa. Good move on Visa’s part. Keep watching the space.

There is no doubt that mobile payments company Square is on a roll. The company just landed a lucrative deal selling its credit card readers in Apple’s retail stores and is growing at a fast clip. And now the company has just received a strategic investment from a giant in the credit card industry—Visa.

via Visa Makes A Strategic Investment In Disruptive Mobile Payments Startup Square.

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One Response to Jack Dorsey’s Square gets Visa stamp of approval

  1. Raymond Lee April 27, 2011 at 9:24 pm #

    Square still has issues – No EMV support, No PCI certified Pin Entry Device, no encryption between the device and the phone..all of which create a problem for Europe.

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