Square's credit-card swiper hits Wal-Mart
NEW YORK (CNNMoney) -- After landing a massive cash infusion in June, mobile payments venture Square is taking a big step into the mainstream: Its mobile credit-card processing system is now on sale at Wal-Mart.
Square's card reader, aimed at small business owners and on-the-go merchants, is a smartphone add-on. It attaches to iPhone, iPad, and Android devices, and allows the owner to accept a credit card payment in return for a 2.75% transactional fee.
The aim is to bring down the barriers smaller business owners typically face when they want to accept credit card payments. [...]
Way cool. And good for small businesses.