Quick Hit: Visa's Square Share

Posted on

  • email
  • twitter
  • facebook
  • share this

share this

Visa now has a 10 percent stake in mobile payment startup Square, Inc., according to a recent regulatory filing. 

The revelation is somewhat surprising considering that Visa started a rival service in Visa Checkout not that long ago.

 SUBSCRIBE to Website Magazine & Accelerate 'Net Success

Square has relatively strong recognition in the small business market, providing sellers/merchants an opportunity to accept credit cards (chip or magstripe) as well as NFC payments including Apple Pay and Android Pay. 

Visa is clearly looking to secure its share of the digital landscape. The company recently introduced Visa Explorer, a developer platform that will make it possible to incorporate digital payments in their mobile apps (consisting of a Web portal, developer tools and a set of APIs). 

Filed under: ,

Login To Comment

Become a Member

Not already a part of our community? Sign up to participate in the discussion. It's free and quick.

Sign Up

Be the first to comment on this article

999 E Touhy Ave
Des Plaines, IL 60018

Toll Free: 1.800.817.1518
International: 1.773.628.2779
Fax: 1.773.272.0920
Email: info@websitemagazine.com