Consumer and merchant payment network Square Inc. unveiled a point-of-sale (PoS) terminal October 19 in a move which sparked excitement about possible Bitcoin integration.
Bitcoin PoS Next For Square?
Unveiled on social media and in an interview with tech outlet Nerdist, Square’s device is designed as a standalone solution for merchants wishing to accept card payments. The move comes amid testing times for Square, the company’s share price dropping 25 percent since the start of October following two high-profile resignations.
Shares are currently trading around $ 0.75 from highs of $ 1 seen October 1.