Square Debuts Apple Pay Reader

SAN FRANCISCO -- Square has introduced a wireless reader that enables any business with a tablet or smartphone to accept Apple Pay and contactless payments, as well as EMV chip cards.

The new reader is available for preorder in the U.S. for $49, with a $49 card processing credit. It will begin shipping in the fall. The Square reader is ready out of the box, connects with the Square Stand or wirelessly with a mobile device, and pairs with Square's free point-of-sale app.

Brick-and-mortar retailers and mobile businesses can use the reader as part of their countertop points of sale, or slip it in their pocket to accept contactless and EMV payments on the go.

"Apple Pay created an easy, fast and secure payment experience for customers," said Jesse Dorogusker, head of hardware at Square. "We want to make it easy for every type and size of business to accept Apple Pay with our latest Square Reader, the most powerful and affordable contactless and EMV reader on the market."