Square sellers no longer need signatures for card payments

Square Cash is continuing its crusade to make the business of parting with your hard-earned money a little less painful. It's just announced that it's cut down EMV transaction time on Square Reader for contactless and chip even further, to just two s...

The Take-Anywhere Smart Terminal

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Portable payment devices are becoming commonplace in many restaurants, bars, retailers and even at concert vendors, but they’re often so bulky that carrying them around is problematic for staff. Not only that, but the overall interface isn’t all that user friendly. The Smart Terminal aims to solve these problems with an ultra-slim form and easy-to-use touchscreen. The NFC-ready terminal can be carried around in one’s pocket and easily accessed for quick transactions. Its straightforward display allows the customer to interact with adaptive menus for a variety of transactions and payment methods.

Designer: Alfredo Méndez

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Square intros flat-rate payment option at $275 per month, hits small business sweet spot

Square intros flatrate payment option for $275 per month, hits small business sweet spot

Square is most often pitched as heaven for small businesses, but that 2.75 percent cut per transaction is sometimes a problem for stores that are too successful. Enter a new flat rate option. Shops that don't take more than $250,000 a year in Square payments, or charge more than $400 in a given sale, can instead pay a flat $275 per month regardless of how many swipes they take. The deal makes the most sense for businesses handling more than $120,000 a year through the reader, establishing a definite limit to its usefulness; this isn't exactly for a budding jeweler (or Starbucks). Even so, the simplicity of the rate might be very alluring for companies that aren't keen on surprise costs or working out the math, and it's a contrast to the half-steps towards flat rates taken by VeriFone and other, more traditional outlets going mobile.

Continue reading Square intros flat-rate payment option at $275 per month, hits small business sweet spot

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Square intros flat-rate payment option at $275 per month, hits small business sweet spot originally appeared on Engadget on Thu, 16 Aug 2012 15:13:00 EDT. Please see our terms for use of feeds.

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Square intros flat-rate payment option at $275 per month, hits small business sweet spot

Square intros flatrate payment option for $275 per month, hits small business sweet spot

Square is most often pitched as heaven for small businesses, but that 2.75 percent cut per transaction is sometimes a problem for stores that are too successful. Enter a new flat rate option. Shops that don't take more than $250,000 a year in Square payments, or charge more than $400 in a given sale, can instead pay a flat $275 per month regardless of how many swipes they take. The deal makes the most sense for businesses handling more than $120,000 a year through the reader, establishing a definite limit to its usefulness; this isn't exactly for a budding jeweler (or Starbucks). Even so, the simplicity of the rate might be very alluring for companies that aren't keen on surprise costs or working out the math, and it's a contrast to the half-steps towards flat rates taken by VeriFone and other, more traditional outlets going mobile.

Continue reading Square intros flat-rate payment option at $275 per month, hits small business sweet spot

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Square intros flat-rate payment option at $275 per month, hits small business sweet spot originally appeared on Engadget on Thu, 16 Aug 2012 15:13:00 EDT. Please see our terms for use of feeds.

Permalink The Verge  |  sourceSquare  | Email this | Comments

Dish Network rumored to have bought Clearwire’s $400 million debt in secret transaction

Dish Network rumored to have bought Clearwire's $400 million debt in secret transactionWe're not in the habit of entering the dry world of corporate debt notes, but Sprint's latest financial release might disguise a juicy bit of news. There's a rumor in the business press that Dish Network might have bought around $400 million of Clearwire's debt -- helping relieve the pressure on Sprint, which has been keeping its subsidiary alive on handouts. Unsurprisingly, no-one's commenting on the rumors, although Dish CEO Joseph Clayton did say he was open to a partnership (or acquisition) with Sprint / Clearwire late last year. If true, it could signal that it's getting ready for a fight against AT&T -- or maybe it just wanted to throw Dan Hesse a bone.

Continue reading Dish Network rumored to have bought Clearwire's $400 million debt in secret transaction

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Dish Network rumored to have bought Clearwire's $400 million debt in secret transaction originally appeared on Engadget on Fri, 10 Aug 2012 07:41:00 EDT. Please see our terms for use of feeds.

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Square now available at Walgreens, Staples and FedEx Office

Square now available at Walgreens, Staples and FedEx Office

While a roster of competitors are trying to get their foot in the mobile payments door, Square's busy getting a foothold in retail stores. With Walgreens, Staples and FedEx Office locations now carrying the credit card reader, it's available at more than 20,000 physical shops throughout the US -- joining Apple, Best Buy, OfficeMax, Radio Shack, Target, UPS and Wal-Mart. Bringing it home from a brick and mortar establishment will set you back $9.95, but Square's sweetening the pot with a $10 rebate for new users. However, if your entrepreneurial snail mail-loving heart desires, you can still have one mailed to you by signing up online. Eager to start swiping plastic? Lookout below for the full press release.

Continue reading Square now available at Walgreens, Staples and FedEx Office

Square now available at Walgreens, Staples and FedEx Office originally appeared on Engadget on Wed, 06 Jun 2012 08:24:00 EDT. Please see our terms for use of feeds.

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Royal Canadian Mint aims to kickstart digital currency with MintChip developer challenge

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Bitcoin may not have yet grown much beyond a relatively small base of enthusiasts, but it looks like the Royal Canadian Mint is hoping that its backing will help its own new digital currency catch on in a bigger way. While less decentralized and different than BitCoin in a number of other respects, it is similarly an all-digital currency, and one that requires no personal data to be shared during transactions. Those transactions can be both large and very small (with an emphasis on the latter), and handled in a variety of ways, including over the web or directly between two devices with the necessary hardware (a MintChip-enabled microSD card is one proposed option). While a more formal unveiling is apparently coming later this month, the Mint has already kicked off a challenge where it's inviting developers to create applications that use MintChip technology -- something that, for the near future, will only be available to said developers. Complete details on it can be found at the link below.

Royal Canadian Mint aims to kickstart digital currency with MintChip developer challenge originally appeared on Engadget on Thu, 05 Apr 2012 08:36:00 EDT. Please see our terms for use of feeds.

Permalink Hacker News  |  sourceMintChip Challenge  | Email this | Comments