Square Businesses in Canada Now Accepting American Express Payments
SAN FRANCISCO, CA -- (Marketwired) -- 10/28/13 -- Square, the
company making commerce easy for everyone, today announced that
Canadian Square customers are now able to accept American Express and
JCB credit card payments with Square. Small and mobile business
owners who use Square can now process American Express, VISA,
MasterCard and JCB payments for the low rate of 2.75%.
Local businesses are the backbone of communities across Canada with
more than 1 million small businesses in Canada and 2.7 million
Canadians who are self employed. Canadians carry an average of two
credit cards per household. Square enables millions of businesses
around the world to accept credit card payments on their mobile
device ensuring local businesses needn't ever miss a sale.
In Canada, Square businesses are processing over $100M in credit card
payments. Jill Burk owns Health Span Inc., a Square business in
Canada. "Since joining Square, we have increased our profitability.
With Square our mobile massage therapists can collect money safely
and transparently from our clients. Payments are processed on site,
eliminating errors and the risk of not being able to collect a
payment. That's a big deal in my business."
"Small businesses are a huge part of not only the Canadian economy,
but the Canadian identity. We've been working hard to identify more
ways to support small merchants, and American Express acceptance with
Square is a great next step," says Jennifer Hawkins, Vice President
and General Manager of Merchant Services at American Express Canada.
"We're thrilled that our Cardmembers can now shop at more small
merchants through Square and get the rewards they enjoy by using
their American Express Cards."
Square offers a free card reader that plugs into the audio jack of a
mobile device. Square Register is the free app that enables anyone to
safely and securely accept credit card payments with a simple, low
transaction rate of 2.75% per swipe, with no hidden fees. Square
Register enables customers to process American Express, VISA,
MasterCard and JCB payments for the low rate of 2.75%. Funds from
swiped payments are available the next business day.
The Square Reader is available for free at square.ca or at over 800
retail outlets throughout the country including Apple, Best Buy,
Future Shop, London Drugs and Staples, with a $10 rebate for first
About Square, Inc.
Square is making commerce easy for everyone.
Starting with a free credit card reader for the iPhone, iPad, and
Android devices, Square Reader allows anyone to accept credit cards
anywhere, anytime, for a low transaction rate of 2.75% per swipe,
with no hidden fees. Square Register serves as a full point of sale
system for businesses to accept payments, manage items, and share
menu and location information. Founded in 2009, and headquartered in
San Francisco, Square is currently available in the U.S., Canada, and
Japan. More information is available at square.ca.
About American Express Canada
American Express in Canada operates
as Amex Bank of Canada and Amex Canada Inc. Both are wholly owned
subsidiaries of the New York based American Express Travel Related
Services Company, Inc., the largest operating unit of the American
Express Company. Amex Bank of Canada is the issuer of American
Express charge and credit cards, with outstanding products like the
American Express(R) Gold Rewards Card, the American Express(R)
Platinum Card, and the American Express(R) AeroplanPlus(R) Gold Card.
Amex Canada Inc. operates the Corporate Travel and Travellers Cheques
divisions in Canada. American Express opened its first offices in
Toronto and Hamilton in 1853 and now employs 3,700 Canadians
coast-to-coast. For more information, visit AmericanExpress.ca or
connect with us at Facebook.com/AmericanExpressCanada,
Twitter.com/AmexCanada and YouTube.com/AmericanExpressCAD.
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