There are several different payment methods available at the moment, such as Square which many thought would be competing against Apple Pay. However as you might recall, Square decided to embrace Apple Pay and announced that they were planning on building registers to support Apple’s mobile payments solution. Well according to Square’s founder Jack Dorsey, it has been announced that Square’s registers that will support Apple Pay are expected to roll out in 2015. No specific dates were mentioned but Apple Pay customers can look forward to it come next year.
Square founder Jack Dorsey — who also famously launched Twitter — told CNN that he wants to help businesses accept all forms of payments, and Apple Pay is no exception. Apple Pay and Square have generally been viewed as competitors in the mobile payment space, but Dorsey doesn’t see it that way. “We’re not building a credit card. We’re not building a payment device. We’re building a [cash] register, and this register accepts all these forms of payments,” Dorsey told CNN in an interview. Square plans to begin accepting Apple Pay sometime in 2015. As it stands now, Square’s hardware allows businesses to accept credit card payments via iPads and iPhones, with customers swiping their cards through a tiny square device. But the technology is not currently equipped to accept Apple Pay. The hardware will have to be reworked to be compatible with the Apple Pay system, allowing for potentially seamless transactions from one mobile device to another.
