Square launches in Canada
SAN FRANCISCO-- Square , the brainchild of Twitter creator Jack Dorsey, is now available in Canada. Founded in 2009, the solution enables merchants of any size to accept credit cards.
Square’s free mobile card reader plugs into the headphone jack of an iPhone, iPad, or Android device, allowing anyone to accept credit card payments. The transaction rate is 2.75% per swipe. Funds are available the next business day.
Canada is Square’s first market outside the U.S. Over 2 million individuals and businesses can already accept credit cards with Square, and Square is processing over US$8 billion in annualized payments.
“We are focused on making commerce easy for everyone. Square builds free tools for local businesses of all sizes and types to thrive,” said Alyssa Cutright, VP of International for Square. “We’re thrilled to introduce Canadian businesses and their customers to the most seamless and enjoyable way to do business.”
Square Register serves as a free full point-of-sale system for businesses to accept payments, track inventory, and monitor daily reports. Square Register also offers businesses tools to create customized loyalty and rewards