17 October 2017
Register now

Square makes European move

20 July 2016  |  7810 views  |  1 Square chip card reader

Mobile payments firm Square is finally gearing up to launch in Europe after incorporating a business, called Squareup Europe Ltd, in the UK, according to Reuters.

Jack Dorsey's company launched its mPOS service in the US back in 2009 and has since branched out into Canada, Japan and Australia but until now it has steered clear of Chip and PIN-friendly Europe, leaving the way clear for local clones such as iZettle and SumUp.

However, registration documents dug up by Reuters show that the new Squareup Europe subsidiary now has the right to provide payment services such as transactions in the UK. Square began beta testing in London last month, says Reuters, and the firm has also added former commercial secretary to the treasury Paul Deighton to its board of directors.

The company also has a 'passport' that lets it provide services in other EU member states, although this could be threatened by Britain's recent Brexit vote.

KeywordsEFTPOS

Comments: (1)

Paul Williams
Paul Williams - Blocksmiths - Dublin | 20 July, 2016, 11:57

They also registered  in Ireland last month, company N.O. 583287  http://www.cro.ie

so got the brexit covered ;)

Residing at the usual address  http://www.broadsheet.ie/tag/70-sir-john-rogersons-quay/

1 thumb up! 1 thumb up! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Square shares tank

Square shares tank

06 May 2016  |  7827 views  |  0 comments | 11 tweets | 3 linkedin
mPOS firms SumUP and payleven agree merger

mPOS firms SumUP and payleven agree merger

27 April 2016  |  8231 views  |  0 comments | 7 tweets | 8 linkedin
Rapper Azealia Banks threatens hex on Jack Dorsey over Square Cash promotion

Rapper Azealia Banks threatens hex on Jack Dorsey over Square Cash promotion

14 April 2016  |  4493 views  |  0 comments | 3 tweets | 1 linkedin
Square faces Oz bank concerns over mPOS security

Square faces Oz bank concerns over mPOS security

17 March 2016  |  11311 views  |  0 comments | 5 tweets | 7 linkedin
Square shares inch up on debut results statement

Square shares inch up on debut results statement

10 March 2016  |  5669 views  |  0 comments | 2 tweets | 1 linkedin
Square price sets hearts fluttering in over-heated tech sector

Square price sets hearts fluttering in over-heated tech sector

19 November 2015  |  6033 views  |  0 comments | 13 tweets | 3 linkedin
Swedish mPOS firm iZettle raises EUR60m for move into small business lending

Swedish mPOS firm iZettle raises EUR60m for move into small business lending

28 August 2015  |  9352 views  |  0 comments | 13 tweets | 8 linkedin
Square to release chip card reader with $29 price tag

Square to release chip card reader with $29 price tag

13 November 2014  |  7053 views  |  6 comments | 5 tweets | 7 linkedin
Square gears up for US EMV switch with chip card reader

Square gears up for US EMV switch with chip card reader

30 July 2014  |  8738 views  |  0 comments | 10 tweets | 11 linkedin
Twitter founder Dorsey launches mobile phone credit card reader

Twitter founder Dorsey launches mobile phone credit card reader

02 December 2009  |  19049 views  |  2 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.capgemini.comvisit www.temenos.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14915 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8194 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7546 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
6827 views comments | 13 tweets | 7 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6158 views comments | 8 tweets | 16 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job