The Business Model of Square
Square provides credit card reader applications and point of sale solutions allowing merchants to accept payments on smartphones and iPad. Founded in 2009, and headquartered in San Francisco, Square is currently available in the United States, Canada, Japan, and Australia. It evolved from the idea to re-invent buying and selling and created a mobile and flexible POS system which helps to connect local businesses and customers. The whole system provides an affordable tool to run and grow business.