The Latest in IT Security

Square reportedly cancels plan to make its own credit card

12
Aug
2014

Square has decided against making its own credit card, according to Fast Company. The decision not to move forward comes after CEO Jack Dorsey and the companys other executives initially expressed excitement over the idea. The product, which made it as far as prototype testing among company employees, was seen as the perfect complement to Squares signature credit card reader. Jack Dorseys mobile payments startup would own both sides of the counter, as one former employee told Fast Company.

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