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Square Announces QR-Based, Self-Serve Ordering Feature For Restaurants Using Square Online
Square Reports Q2 Total Net Revenue Of $1.92 Bln, Up 64% Year Over Year
Square Inc - Withdrawing Its Full-Year 2020 Guidance
Square, Inc. (Square) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment. With its offering, a seller can accept payments in person via magnetic stripe (a swipe), Europay, MasterCard, and Visa (EMV) (a dip), or Near Field Communication (NFC) (a tap); or online via Square Invoices, Square Virtual Terminal, or the seller's Website. Once on its system, sellers gain access to technology and features, such as reporting and analytics, next-day settlements, digital receipts, payment dispute management and chargeback protection, and Payment Card Industry (PCI) compliance. On the consumer (buyer) side, Square Cash offers individuals access to a way to send and receive money.
Consumer Financial Services
1455 Market Street, Suite 600
SAN FRANCISCO, CA
Chairman of the Board, President, Chief Executive Officer
Chief Financial Officer
General Counsel and Corporate Secretary
Cash App Lead
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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
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Payments processor Square Inc <SQ.N> reported on Tuesday a 64% jump in second-quarter revenue as consumers increased online buying and used its peer-to-peer Cash App platform during the COVID-19 pandemic.
Payments processor Square Inc reported on Tuesday a 64% jump in second-quarter revenue, as consumers shifted towards more online buying and used its peer-to-peer Cash App platform during the COVID-19 pandemic.
Square Capital, a unit of payments company Square Inc, said on Monday it has issued more than $820 million worth of loans to small businesses to help them weather the economic shutdown brought on by the coronavirus pandemic.
Jack Dorsey, the chief executive of Square Inc and Twitter Inc, said June 19, popularly known as 'Juneteenth', would be a permanent company-wide holiday in the United States to show support for racial diversity.
Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc, which is also headed by the billionaire.
Wall Street analysts looked past a surprisingly shaky first quarter for payment processors PayPal Holdings Inc <PYPL.O> and Square Inc <SQ.N> hoping that the shift towards more online buying will see their businesses surge this year.
Square Inc <SQ.N> reported a suprise loss in the first quarter and stayed away from issuing a forecast for the current quarter as well as for the full year on Wednesday, as the COVID-19 pandemic led to a sharp fall in financial transactions on its payments platform.
Payments processor Square Inc reported a bigger quarterly loss on Wednesday as operating expenses, especially sales and marketing, rose.
Twitter Inc <TWTR.N> Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc <SQ.N>, the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic.
Square Inc and Twitter Inc chief executive officer Jack Dorsey said on Tuesday that he pledged $1 billion of his equity in the payments processor toward efforts aimed at fighting the coronavirus outbreak.
LendingClub Corp on Monday cut loan approval rates for some high-risk borrowers and increased income and employment verification requirements, in a sign that alternative lenders could pull back from lending as the coronavirus crisis deepens.
Jack Dorsey-led Square Inc on Tuesday pulled its 2020 revenue forecast on uncertainty related to the coronavirus outbreak, a day after Twitter Inc, which is also headed by Dorsey, withdrew its full-year outlook.
* SQUARE UPDATES FIRST QUARTER 2020 REVENUE AND GROSS PROFIT OUTLOOK FOR COVID-19
The U.S. Federal Deposit Insurance Corporation on Wednesday approved separate applications by payment company Square Inc and student loan servicer Nelnet Inc to become banks under a special charter, the first time the agency has granted such licenses in over a decade.
Square Inc beat market expectation for quarterly profit on Wednesday, as the payments processor earned more from its subscription and services business, especially from Cash App, sending its shares up 8% after market.
Payments processor Square Inc on Wednesday reported quarterly profit compared with a loss a year earlier, boosted by growth in its subscription and services business.
Payments processor Square Inc beat analysts' estimates for quarterly profit on Wednesday, as it earned more from its subscription and services business, especially from its Bitcoin-friendly Cash App.
Payments processor Square Inc reported a near 50% rise in third-quarter profit on Wednesday, as the company benefited from growth in its subscription and services business.
(This Aug. 1 story removes reference to cash card in paragraph 6. The story was earlier corrected to say "3.5 million active Cash Card users," not "3.5 million active users" in the same paragraph)
Payments processor Square Inc reported a bigger second-quarter loss on Thursday, as product development and marketing expenses jumped, and said it would sell its food-ordering platform Caviar to DoorDash.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.