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Square to accept Apple Pay in 2015

“The mobile payments company Square is planning to accept Apple Pay,” Alanna Petroff reports for CNNMoney. “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,” Petroff reports. “‘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.”

Petroff reports, “Square plans to begin accepting Apple Pay sometime in 2015.”

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