Payment processor Square has obtained approval from the U.S. Treasury to participate in the emergency coronavirus lending program for small businesses.
Square has been granted a patent for a payments network that will facilitate fiat-to-crypto payments, targets availing crypto payments to retail sector.
Square has moved from spread-based fees to a standalone $1.76 fee to boost profitability while announcing impressive Q3 earnings.
Square is getting its crypto team started with a big hire, taking a former director from Google to lead the team.
Square has reported new record high revenues, proving crypto interest keeps growing. Unfortunately for them, profits have remained low.
Square has reported its earnings and revenue for the fourth quarter that topped analytic expectations but fell short of on guidance, and generally succeeded on a high volume of crypto sales.
Payments firm Square has been awarded a patent for a new payments system designed to allow merchants to collect payment in any currency, including cryptocurrencies like Bitcoin BCH.