May 23, 2013
May 23, 2013
The Mobile Point of Sale Solution Now Helps Japanese Businesses Grow
TOKYO, JAPAN - Square, the original mobile payment technology designed in California and making commerce easy for everyone, today announced availability in Japan. Square builds simple, powerful tools designed to make it easy to manage business safely and securely. Square Register is a free app that serves as a free full point-of-sale system for businesses of all types and sizes from a mobile device.
Square is available in Japan with the support and partnership of Sumitomo Mitsui Card Corporation (SMCC). Responsible for introducing Visa to Japan, SMCC is widely recognized and respected for its ability to provide a wide range of solutions, including a comprehensive and highly secure credit card and payment solution.
With Square Register, the Square Reader enables businesses to safely and securely accept credit card payments from their mobile device with one simple, low transaction rate of 3.25% per swipe. There are no additional fees. Funds from swiped payments are automatically deposited in the merchant’s bank account, available the next business day for participating banks and within one week for other banks, eliminating the wait for cash flow.
“I am honored to introduce Square to a country with a rich history of design, innovation and tradition. Square shares the same values and attention to detail in our products. Our tools are made to enable business owners to create a delightful, seamless experience for their customers,” said Jack Dorsey, Square CEO and Cofounder. “I look forward to Square assisting in Japan’s continued economic growth and entrepreneurship opportunities.”
Square’s tools empower businesses, from sole proprietors to coffee shops, hair salons, as well as large retailers including Starbucks to:
Square Register app is free for download from the App Store and Google Play.
Square, Inc. changed its name to Block, Inc. on December 1, 2021.