In 2013, Square introduced Square Cash as an easy payment system for sending money to friends and family. Today, Square made Cash available for businesses in the U.S.
Like the consumer version of Square Cash, payments are deposited directly into bank accounts with an intermediary holding account. The processing fee is just 1.5 percent — a little over half of the 2.75 percent fee it charges for transactions made with Square card readers.
Square has also introduced ‘$Cashtags,’ which let people quickly pay businesses online. These unique identifiers are used in Cash.me URLs—like Cash.me/$Wikipedia—which, when visited, show information about a business or user [...]
Surgically implanted NFC chips, U.S. spy program, SnapCash by Snapchat and Square, changes to Facebook’s terms, the Anonymous takeover of the KKK’s Twitter account, Skype for Web, and sexism ratings for games.
Panel: Brad Merrill, Will Reynolds YoungShow Notes VentureBreak Newsletter WearableNow Man has NFC chips injected into his hands to store cold Bitcoin wallet U.S. Spy Program Gathers Phone Data From The Sky Snapchat to Let You Send Money to Friends, Thanks to Square Facebook Proposes Changes To Its Terms, Simplifies Privacy Anonymous responds to KKK’s twitter taunts by hacking, taking over their account Skype Introduces Skype For Web, Bringing Calls And [...]
As competition in the payments market intensifies, Square has raised another $100 million to help it face its rivals. The Series E round, revealed in a regulatory filing shared with Forbes and Fortune, increases the company’s valuation to $6 billion.
Last month, CNBC reported that Square was going after $200 million in new capital along with a major new investor, the Government of Singapore Investment Corporation. It’s unclear whether this new $100 million is just a portion of that round, or whether the company is only raising $100 million this time around.
In 2012, Square raised $200 million in a round led by Visa, JPMorgan Chase, and [...]
Will Reynolds Young joins Brad Merrill to talk about why you don’t need to uninstall Facebook Messenger, Twitter’s cyberbullying policies, Ferguson protests, Square online appointment booking, and more.
Panel: Brad Merrill, Will Reynolds YoungShow Notes Facebook Messenger, Privacy, And Bad Journalism “Tech Expert” Anthony Mongeluzo on Facebook Messenger Twitter vows to “improve our policies” after Robin Williams’ daughter is bullied off the network Watch Ferguson Police Threaten to Shoot and Mace Reporters Square Rolls out online appointment booking Fact or Fiction! App of the week: Klout
Fact Or Fiction Game:A Croatian man known as “the Penis [...]
Ted Lyons joins Will Reynolds Young to talk about the hotel that charges for poor reviews, Google’s help in arresting a man for child porn, Square’s acquisition of Caviar, LawTrades, and more.
Panel: Brad Merrill, Ted Lyons, Will Reynolds Young
Get in touch! Want to be part of the show? Send us an email ([email protected]) or leave a voicemail (850-888-8271) and we might share your message with the world (or at least our audience).Show Notes Didn’t Enjoy Your Hotel Stay? That’ll Be $500, Please Google helped police arrest a man after finding explicit images of a child in his Gmail account Listener Email Square Acquires Food Delivery Service [...]
Ted Lyons joins Will Reynolds Young and Brad Merrill to discuss entrepreneurial failure, Square’s losses, Aereo’s advocacy site, Flickr’s latest app update, Comcast scammers, Facebook mobile ads, urBin, Couch to 5k, Timehop, and more.
Hosts: Brad Merrill, Ted Lyons, Will Reynolds YoungShow Notes What Snapchat Teaches Us About The Way Teens Define Privacy George Watsky: Letter to My 16-year-old Self Thoughts On Failure From Entrepreneurs Who Have Been There Square Is Losing Millions And Wants To Sell Aereo Opens Lobbying And Advocacy Site Flickr’s Latest App Update Looks A Lot Like Instagram Comcast Bills Lowered $2.4 Million By Scammers Facebook To [...]
Square has been in talks with several competitors for a possible sale as the startup looks to escape growing losses and dwindling cash, the Wall Street Journal reports, citing people familiar with the matter.
The company recorded a loss of about $100 million in 2013, the Journal said, adding that the startup has burnt through more than half of the $340 million it raised from at least four rounds of equity financing since 2009.
Square spoke to Google about a possible sale earlier this year, according to the WSJ. It’s not clear whether the talks are continuing.
Square also had informal discussions about a deal with Apple and eBay’s PayPal in the past, [...]