Square processes $100m in a single day

Square, the US-based payments company best known for its mobile point-of-sale system has just announced that it has processed more than $100million worth of transactions in a single day. Probably the fact that the upcoming holiday season makes this the busiest time of year for consumer spending has some impact. This comes hot on the heels of a couple of significant partnership announcements made last month. First is a partnership with Snapchat to send money between friends, clearly addressing the … Read more…