Posted by : Brij Bhushan Wednesday 30 July 2014

Square has unveiled plans to release a new Square Reader – a smartphone and tablet dongle that allows businesses to easily accept credit card payments – that supports chip-and-PIN cards in the US. The refreshed Square Reader will be compatible with EMV, a standard developed by Europay, MasterCard and Visa, ahead of its introduction in the US later this year. Square says its refreshed hardware will be available for pre-order in the coming months, but refrained from giving a price or firm release date. As Square notes, the US is “late to the party” when it comes to adopting chip...


This story continues at The Next Web


The post Square readies new Reader with chip-and-PIN card support ahead of EMV adoption in the US appeared first on The Next Web.





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