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Square Redesigns Reader for New Payment Method

  • Wired, Wednesday, July 30, 2014 11:01 AM

Square first came to fame with a credit card reader you could plug into your iPhone jack. But next year, the company’s signature device will be on its way to obsolescence as the U.S transitions to a new kind of credit card that verifies purchases with an embedded computer chip. In anticipation of this sweeping change in the way Americans pay, Square designers and engineers have been working on new hardware the company hopes will not only navigate that change, but make Square the first and best option for the millions of merchants who will need to make the switch.

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