On Monday (11/23/2015), the point-of-sale payments company Square announced it had started sending out its new credit card reader that accepts chip cards and wireless payments.
In June 2015, we covered Square’s unveiling of the new device. We also pointed to the tweet below announcing that 250,000 of them would be distributed for free. However, in the company’s press release, no mention of the “free” readers was made. We’re guessing that means the freebies were already taken.
— Square (@Square) June 8, 2015
Cities where the Square Readers are arriving
According to the company’s press release, the first 100 readers were already being used in these cities:
- Los Angeles
- New Orleans
- Santa Cruz
- Washington, D.C.
How to order a Square Reader
To learn more about the reader and to order one for $49, you can visit SquareUp.com.
Reminder: Why you should have a chip card reader
On October 1, 2015, new regulations were activated (after years of being planned) that shift liability from banks to merchants (sellers) if the merchant does not use a chip card reader. You can read about it in an earlier SmallBusiness.com article.