Thursday, May 23, 2013

Square brings its mobile payments service to Japan

Square brings its mobile payments service to Japan

Jack Dorsey's little card reader that could TM has made its first journey beyond continental North America, and is now available in Japan. In order to make the leap, Square has teamed up with Sumitomo Mitsui Card Corporation, the business that introduced Visa to the country. The transaction rate for the service is 3.25 percent, up half a percent from the 2.75 percent payable in North America and Canada. It's been a long time coming, considering that PayPal Here arrived in Japan over a year ago -- but hopefully now the pair can slug it out in the streets of Tokyo, Super Sentai style.

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Via: The Next Web

Source: http://www.engadget.com/2013/05/23/square-in-japan/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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