Tag archive: Keith Rabois

Square handling $2 bln a year in credit card transactions

October 11, 2011 |

Mobile

Upstart credit card processing company Square—which has disrupted the credit card payments industry by giving away credit card readers that pop into smartphones—says it is now processing the equivalent of $2 billion a year in credit card transactions from customers, and now has a customer base of some 8.2 million merchants, most of whom had never previously accepted credit cards. Square's COO Keith Rabois describes that as… Read More