Tuesday 2 August 2011

Mobile payments company Square is processing $4m in payments each day

"Flush with $100 million in new funding, Square is continuing to grow like a weed in the mobile payments space. After passing the $3 million mark at the end of May, Square is now processing $4 million in mobile payments daily, and is on track to reach over $100 million in transactions in July. And COO Keith Rabois tells us that he expects the company to double this volume by October."
Source:  Techcrunch, 31st July 2011

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