What's a company to do once it grabs a million merchants? Grab a million more, naturally. Following an online rollout and a wider spread to Apple Stores, Jack Dorsey's own Square
is expanding to OfficeMax and UPS locations. A couple of months back,
the outfit announced that it was handling some $11 million in payments
per day (a wild increase from $4 million per day in July), and with the
new agreements, Square payment devices are being sold at 10,000 retail
locations. The hardware itself will sell for $9.99 in stores, but each
buyer can redeem a $10 credit to their bank account. Beyond this? It's
reportedly hoping to "upgrade the experience of running a business,
end-to-end, on the iPad," with the outfit adding "in-depth merchant
analytics to its iPad experience, allowing merchants to access
information about which inventory is selling well, and what they can do
to help make more money." Oh, and in case you couldn't guess, Square's
also looking to staff up even more to tackle all of 2012's goals
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