Latest Headlines

Latest Headlines

Square processing $5B annually, up 25% since PayPal Here launch

Square is now processing mobile transactions at an annualized rate of $5 billion. This is an increase of 25 percent in its payment volume in the weeks following the March introduction of the rival

Report: Square's latest financing may value it at $4B

Square is reportedly raising a new round of financing that values the mobile payment startup at $4 billion--roughly four times what it was worth less than a year ago. Citing multiple sources familiar

Square expands Card Case hands-free payment app to Android

Square is extending its location-enabled Card Case payment application to Google's (NASDAQ:GOOG) Android operating system and rebranding the service as "Pay with Square." Originally introduced for

PayPal Here signs up 1,000 users per hour on launch day

The new PayPal Here mobile payment system signed up an average of 1,000 users per hour during its first day of availability, PayPal reports. PayPal Here--unveiled last week--enables small businesses

PayPal introduces Square rival, 'PayPal Here'

As expected, PayPal announced its mobile payment system for small businesses. PayPal Here charges businesses a flat rate of 2.7 percent per credit card or PayPal transaction, a.05 percent savings

Report: PayPal plots to dethrone Square by undercutting merchant fees

PayPal, which is expected to introduce a mobile payment dongle device today, will lure merchants with more favorable transaction terms than market-leading rival Square, according to sources with

Rumor Mill: PayPal launching mobile payment dongle to rival Square

PayPal is expected to unveil a mobile payment dongle device to rival similar technologies from competitors including Square and Intuit. Citing sources familiar with PayPal's plans, GigaOM reports the

Square rolls out new mobile payment system to NYC taxis

Payment solutions startup Square is trialing Checker, a new system enabling New York City taxi passengers to more quickly pay their fare via credit card while compensating drivers within 24 hours.

Square unveils Register point-of-sale iPad app for small retailers

Payment solutions startup Square introduced Register, a new application enabling mom-and-pop businesses armed with Apple's (NASDAQ:AAPL) iPad tablet to accept cash and credit transactions, customize

T-Mobile, Square give small businesses easy way to take credit cards

Cash-only small businesses that would like to take credit cards if the money from transactions were deposited directly in their bank accounts within 24 hours have a new opportunity from T-Mobile. The