• Let's Talk Payments, Friday, March 13, 2015 12:07 PM

Having launched their first Square Reader years ago, Square has always been focused on developing even better hardware and improving the way the product is built. Several card readers – and one Square Stand – later, Square is still keen on building devices that are thinner, smarter, more accurate, and more reliable than what’s come before. The payments landscape is changing faster than ever, withEMV and NFC introducing new requirements. Square’s goal has always been to continue to make the smartest payments hardware accessible to its customers. With this onward focus, Square has acquired Kili Technology, a company that has developed silicon, electronics, and software that simplify and optimize payment processing. Square is looking at this acquisition to aid in delivering simple and affordable hardware that gives sellers a smarter and safer way to do business. Kili has been known for its low-cost solution-on-a-chip software for accepting contactless payments while acting as a mobile point-of-sale system.

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