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Author Topic: How Square aims to bring Apple Pay into mom-and-pop shops  (Read 329 times)
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« on: June 30, 2015, 03:00:15 pm »

How Square aims to bring Apple Pay into mom-and-pop shops

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You can use Apple Pay at more than 700,000 retail locations across the U.S., but good luck trying to pay with your phone at your neighborhood coffee shop or favorite food truck. While national chains and big-box stores are working to upgrade their systems to accept contactless payments and chip cards, small businesses have been much slower to join the mobile payment party.</p><p>
When Cupertino took the wraps off Apple Pay last fall, some predicted that Apple would crush smaller mobile payment companies like Square. Now it’s clear that Apple needs Square to reach the millions of independent shops that otherwise would sit out the switch to mobile payments. Square’s new Apple Pay reader will do with contactless payments what its original reader did with traditional credit and debit cards: make it easy and cheap for small businesses to accept any way you want to pay and kill the phrase “cash only.”</p><p class="jumpTag"><a href="/article/2941872/how-square-aims-to-bring-apple-pay-into-mom-and-pop-shops.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

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