updated 02:55 pm EDT, Tue April 19, 2011
Credit card reader gets broader distribution
Square credit card readers are today officially on sale at US Apple Stores, says company founder Jack Dorsey. The accessory costs $10, and can be bought at either a physical location or Apple's online store. Previously the main way of ordering a reader was through the accompanying app, which updated yesterday with support for the iPad 2 camera, as well as sales tax on the iPhone and iPod touch.
Buying a reader provides $10 of Square credit, used against early transaction charges. Square should notably be the only company with third-party payment gear selling in Apple Stores for the foreseeable future. Rival VeriFone recently attempted an attack campaign, claiming that it would be possible to create a fake Square app that steals credit card data from customers. Dorsey retaliated, for instance arguing that it may be as easy or easier to steal information when processing a credit card manually.