Square's mobile point of purchase system has expanded beyond the U.S. into Canada today, marking their first step into international markets. Though Square didn't advertise any particular launch partners up north, they do have free headphone jack fobs available for small businesses to start accepting credit card payments on whatever Android devices they happen to be using. Transaction fees are 2.75% per MasterCard or Visa swipe, which is apparently pretty competitive.
Unfortunately, Square Wallet isn't available to Canada just yet, but will be arriving in 2013. The app will enable users to pay for goods, use loyalty cards, get receipts, and leave reviews for businesses. Although Square tends to be lumped in with iOS, their Android app has been available for a couple of years now. I'm interested in seeing if Square hops on the NFC bandwagon at some point, but for the time being, I'm sure they do reasonably well just dealing with Visa and Mastercard. It would be great to see some Interac support eventually, too.
Hey Americans, how often do you see Square in use in businesses? Should we feel screwed that Square Wallet isn't available right out of the gate? Keep in mind that we still don't have Google Wallet up here, or even anything like Isis, so this may be the best thing we can get for mobile payments for the immediate future. Any Canadian business owners interested in giving this a shot? You can sign up over here.
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