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- Financial services platformThe Square payment system is a financial services platform that enables small-and medium-sized businesses to accept credit card payments1. It uses a mobile app and a card reader that can be attached to phones or tablets, turning them into payment registers for a point-of-sale system21. The Square payment system does not require complex contracts or long-term commitments from its users2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Square is a financial services platform developed by Block, Inc. It is aimed at small-and medium-sized businesses, allowing them to accept credit card payments and use phones or tablets as payment registers for a point-of-sale system.en.wikipedia.org/wiki/Square_(financial_services)Square is the original mobile payment processing app and card reader. It had high adoption rates when it first launched because it allowed businesses to accept card payments anywhere instead of relying on cash or peer-to-peer payment apps. It also did away with the complex contracts and long-term commitments required by many merchant services.fitsmallbusiness.com/what-is-square/
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