NEW YORK (Reuters) – Square Inc, the aggregation led by Twitter Inc Chief Executive Jack Dorsey, on Thursday launched a acquittal terminal for baby business clients, accretion its apartment of accouterments products.
FILE PHOTO: Twitter CEO Jack Dorsey answers a catechism as he testifies at a Senate Intelligence Committee audition on adopted access operations on amusing media platforms on Capitol Hill in Washington, U.S., September 5, 2018. REUTERS/Jim Bourg
Square’s new touch-screen terminal allows merchants, such as liquor food and hairdressers, to arena up sales, booty acclaim agenda payments candy through the company’s arrangement and book receipts.
The terminal additionally accepts adaptable buzz and added contactless payments via Apple Inc’s Apple Pay and Alphabet Inc’s Google Pay.
Square said it believes its new terminal offers a cheaper, added convenient another to the acclaim agenda terminals provided by added accustomed companies.
Businesses will be answerable $399 for the accessory and a fee of 2.6 percent additional 10 cents for every transaction, behindhand of the blazon of acquittal used.
“Square Terminal is advised from the arena up to ensure a activity of familiarity, so sellers and their barter can use it appropriate away,” Jesse Dorogusker, arch of accouterments at Square, said in a statement.
The San Francisco-based aggregation fabricated a name for itself through its flagship baby acclaim agenda clairvoyant that turns smartphones into acquittal terminals. It has been accretion into added curve of business, including customer lending.
Square additionally provides invoicing software and added accoutrement for baby businesses.
Reporting by Anna Irrera; alteration by Jonathan Oatis
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