While a roster of competitors are trying to get their foot in the mobile payments door, Square's busy getting a foothold in retail stores. With Walgreens, Staples and FedEx Office locations now carrying the credit card reader, it's available at more than 20,000 physical shops throughout the US -- joining Apple, Best Buy, OfficeMax, Radio Shack, Target, UPS and Wal-Mart. Bringing it home from a brick and mortar establishment will set you back $9.95, but Square's sweetening the pot with a $10 rebate for new users. However, if your entrepreneurial snail mail-loving heart desires, you can still have one mailed to you by signing up online. Eager to start swiping plastic? Lookout below for the full press release.
Square Card Reader Now in More Than 20,000 Retail Locations
New locations include Walgreens, Staples Inc. and FedEx Office®
SAN FRANCISCO – June 4, 2012 – Square, the company revolutionizing
everyday transactions between buyers and sellers, today announced that its
card reader is available at more than 20,000 retail locations nationwide,
including Walgreens, Staples Inc., and FedEx Office stores. The Square Card
Reader enables anyone to accept credit card payments on their mobile
"Accepting credit cards should be as easy as buying supplies at your local
store," said Jeffrey Kolovson, head of Retail Distribution at Square. "We are
working with leading retailers including Walgreens, Staples, and FedEx Office
to give business owners convenient access to the Square Card Reader, the
easiest way to accept credit card payments and grow their business."
The Square card reader is now available in more than 7,000 Walgreens
stores, 1,500 Staples stores, and 1,500 FedEx Office stores.
Launched in 2010, the Square Card Reader plugs into the headphone jack of
an iPhone, iPad, or Android device and enables anyone to take credit card
payments. Over one million individuals and businesses have signed up with
Square, which is processing payments at an annualized rate of over $5 billion.
Square currently offers Square Card Reader, Square Register, and Pay with
Square. Square Card Reader takes minutes to set up and enables anyone to
accept payments anytime. Square Register serves as a full point-of-sale
system for businesses to accept payments, track inventory, and share menu
and location information. Pay with Square enables individuals to explore and
discover nearby merchants, browse menus, and pay with their name.
Square has expanded Card Reader presence to meet demand for the product
through retail distribution chains, including Apple, Best Buy, OfficeMax, Radio
Shack, Target, UPS, and Wal-Mart. Visit www.squareup.com/retail for a map
of where the Square Card Reader is sold.
The Square Card Reader's suggested retail price is $9.95, with a $10 rebate
upon signup for new users.