Small Businesses Will be Able to Accept Apple Pay and Chip-Enabled Cards
Square is by far the leader in small business alternative merchants. You might have seen it in many coffee shops, farmer markets or food trucks. With the growing popularity of digital wallets, it was long overdue and very much expected for the company to release a contact-less reader. After all, swiping your card is no longer "cool". This reader will not only allow your business to accept Apple Pay, but also any other NFC payment method. The reader is embedded with an EMV chip reader as well, for those cards that are chip enabled. Square is selling the reader for $49 which will be reimbursed in waived transaction fees.