Square Wallet, before it was removed from the Apple App Store and Google Play Store in 2014, allowed customers to set up a tab and pay for their order by providing their name (or a barcode) using a stored credit, debit, or gift card. Īt the TechCrunch Disrupt conference in May 2011, Square announced the release of two apps, Square Card Case (later rebranded Square Wallet) and Square Register. The inspiration for Square occurred to Jack Dorsey in 2009, when his friend Jim McKelvey was unable to complete a $2,000 sale of his glass faucets and fittings because he could not accept credit cards. It is aimed at small-and medium-sized businesses, allowing them to accept credit card payments and use phones or tablets as payment registers for a point-of-sale system.
Square is a financial services platform developed by Block, Inc.
For its owner that was formerly known as Square, Inc., see Block, Inc.
This article is about the financial services platform.
