Square
Auto Added by WPeMatico
No, really, the headphone jack is more useful than you think!
Apple today announced that the newest generation iPhone will do away with the headphone jack. Obviously sad if you just bought an expensive new pair of headphones, but the interface is used for a lot more than just pumping phat beats down your ear tunnels. From filmmakers to concerned parents, there’s a rich ecosystem of “appcessories” that use the headphone port for… Read More
Powered by WPeMatico
Jack Dorsey gets a much-needed strong second quarter performance from Square
Jack Dorsey really needs a hit. After Twitter’s weak second-quarter showing, and both stocks not performing well in the past year, Dorsey — as the lead of both companies — needs to show investors his strategies are working (and that he can run both companies).
Well, he certainly got one today. Square reported its second-quarter earnings, where it brought in $439 million in… Read More
Powered by WPeMatico
WooCommerce now works with Square to seamlessly run both online and offline stores
A bit more than a year after Automattic acquired WooCommerce, the popular service that turns any WordPress website into an e-commerce store is now integrating with Square. While this kind of integration doesn’t sound groundbreaking on paper, it has bigger implications when it comes to bridging online stores with offline purchases. Read More
Powered by WPeMatico
Square quietly sets up for a UK launch, now takes payments in pounds on Square Register
The UK is sometimes called a nation of shopkeepers, and soon mobile payments company Square may be putting that to the test in the search for new business. Square Register — the company’s point of sale app used by merchants to manage their inventory, make invoices and take payments from customers — has quietly started to allow users to make payments in the UK, in UK pounds.… Read More
Powered by WPeMatico
Facebook taps GPS, Square to track your in-store visits and purchases
Facebook has found the Holy Grail of advertising in a set of new partnerships with point-of-sale systems like Square and Marketo that will prove who bought what after seeing Facebook’s ads. Even if you don’t buy something, Facebook will also now know you visited a store based on a new feature that matches GPS, beacons, WiFi, radio signals, and cell towers with brick-and-mortar… Read More
Powered by WPeMatico
Square brings on the team behind Framed Data, a predictive analytics startup
Square is acquiring the team behind Framed Data, a predictive analytics service, and will be deploying the team of data scientists to its Square Capital team. Square tracks merchants’ transaction history through its services in order to better determine their eligibility for loans through Square Capital. There are certainly a lot of requirements around the analytics part of the… Read More
Powered by WPeMatico
Square beats its fourth-quarter revenue expectations
Square, which has been on a bit of a run lately, posted a quarter where it beat revenue estimates and saw its shares pop slightly after it reported its fourth-quarter earnings. This was Square’s first time reporting quarterly earnings as a public company, and it looks like the results weren’t that bad, aside from a miss on earnings expectations. Square reported an adjusted loss of… Read More
Powered by WPeMatico
Google experiments with a way to pay without taking out your phone
Google is rolling out a pilot program today that introduces a new way to pay cashiers — and it involves leaving your phone in your pocket. Square Prices Its IPO At $9
Square’s somewhat conservative pricing earlier this month just got a lot more conservative. Square today priced its initial public offering at $9, giving the company a valuation of $2.66 billion. The last time the company raised money, it was valued at $6 billion, and earlier this month gave a range of $11 to $13 per share, valuing the company at $4.19 billion. Needless to say, this is… Read More
Powered by WPeMatico
Apple May Launch Venmo Competitor
Apple is in talks with banks to launch a mobile payments service, according to a report from the Wall Street Journal. The product would compete with Venmo, the mobile peer-to-peer service from PayPal.
The platform, which could be launched as soon as 2016, would link bank accounts with Apple devices. Users could instantly transfer money from one person’s checking account to… Read More
Powered by WPeMatico