Full-Time
Posted on 1/11/2024
Payment and POS solutions for businesses
No salary listed
Senior, Expert
Remote in USA
Square provides payment and point-of-sale (POS) solutions for businesses, particularly small to medium-sized enterprises (SMEs) like retail stores and restaurants. Its main product is a POS system that includes card readers and terminals, allowing businesses to accept various payment methods such as credit cards, mobile payments, and contactless transactions. Square also offers additional services like invoicing, payroll management, and business analytics, making it a comprehensive tool for managing business operations. What sets Square apart from competitors is its user-friendly hardware and software, along with a straightforward transaction-based fee structure that appeals to small business owners. The company's goal is to empower SMEs by providing them with efficient tools to manage sales and customer relationships.
Company Size
5,001-10,000
Company Stage
Post IPO Equity
Headquarters
San Francisco, California
Founded
2009
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Block said Thursday (March 13) that its industrial bank, Square Financial Services (SFS), received approval from the Federal Deposit Insurance Corp. (FDIC) to offer the company’s consumer loan product Cash App Borrow. SFS will begin servicing and originating Cash App Borrow loans nationwide in the coming weeks, replacing Block’s current external bank partner, Block said in a Thursday press release. Cash App Borrow provides small, short-term consumer loans — typically less than $100 and about one month in duration — to Cash App customers in a simple and accessible way that includes making payments within Cash App, according to the release
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Known for its warm atmosphere, artisan coffee, and vibrant sense of community, Alchemy has recently been crowned a winner in the Lovin Locals competition, in partnership with Square.
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.Joe Raedle | Getty ImagesBlock reported fourth-quarter results on Thursday that fell short of Wall Street expectations. The stock dropped more than 7% in extended trading.Here is how the company did, compared to analysts' consensus estimates from LSEG.Earnings per share: 71 cents, adjusted vs. 87 cents expectedRevenue: $6.03 billion vs. $6.29 billion expectedRevenue increased about 4.5% from $5.77 billion a year earlier.Block, formerly known as Square, posted $2.31 billion in gross profit, a 14% increase from $2.03 billion a year ago. The company, which was an early leader in providing point-of-sale systems for smaller businesses, faces increased competition from the likes of Toast and Fiserv's Clover unit. Gross payment volume came in at $61.95 billion, beating analysts' estimates of $61.3 billion, according to StreetAccount
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