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.

By Ewan

Ewan is Founder and Editor of Mobile Industry Review. He writes about a wide variety of industry issues and is usually active on Twitter most days. You can read more about him or reach him with these details.

One reply on “Jack Dorsey’s Square gets Visa stamp of approval”

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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