
Earlier this week mobile payments company Square announced it is now processing $2 billion in payments volume per year and so far has registered 800,000 merchants for its service–that’s up from 500,000 card readers shipped in May. Remarkably, Square’s merchants are now 10% of the reach of the Visa/MasterCard world. In case you’re not familiar with Square, it lets merchants process credit card transactions using a swiping device that plugs into a smartphone or tablet. READ MORE












