Square will launch its Apple Pay-compatible wireless reader this fall

Announced today at Apple’s WWDC event, Square is set to launch a new version of its card reader this fall that will enable contactless payment services. Although Apple only talked about the new reader’s ability to accept Apple Pay, the battery-powered wireless reader will also work with other services and EMV chip cards. Square did not specify which other services are compatible, but the hardware is likely to support Android Pay in the near future. The new reader will also work with the Square Stand for businesses that already have Square’s system in place. The company is offering 250,000 of the wireless readers…

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