According to Square, the company will be offering 250,000 of the new Apple Pay readers for free as part of its commitment to bridge the gap between local businesses and modern technology. The reader is available now for pre-order in the United States for $49 (with a $49 card processing credit). These new Square readers will be shipped later in the fall of this year.
This new Square Apple Pay reader will enable literally anyone to use Apple Pay. Previously, local businesses wanting to accept contactless payments were forced to purchase expensive hardware that were often bulky and required binding contracts. The new Square Reader comes ready right out of the box, connects with the Square Stand or wirelessly with a mobile device, and pairs easily with the company’s point-of-sale app. Apple also announced today it’s expansion of Apple Pay to the United Kingdom. The rollout will begin this July, with eight of the UK’s biggest banks on board to accept Apple Pay transactions.