Late last year Square launched a new mobile reader which allows small businesses to accept credit card payments and even support mobile payment services like Apple Pay and Android Pay. It enables them to accept chip cards and mobile payment services and provide their customers with a fast and simple payment experience without having to purchase expensive terminals.
This isn’t the first time that Apple has sold a Square product. Square’s latest reader is now being sold through Apple’s website and through its stores across the United States for $49.
It only needs to be connected to a Square Stand or mobile device and is then paired with Square’s free point-of-sale app before users can start accepting credit card and mobile payments.
It makes sense for Apple to sell this product through its own stores as it looks to boost Apple Pay usage among customers and businesses alike. It’s working hard to get more major merchants onboard and the Square reader is going to allow the company to make sure that its service is also available at mom-and-pop stores across the country.
Square initially launched this reader with more than 100 local business owners in the United States and gradually the number of businesses that rely on it now has increased. Having its product in Apple Stores is certainly going to help Square sell many more of these readers.