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Square Card Reader Now in More Than 20,000 Retail Locations Nationwide; New Locations Include Walgreens, Staples Inc. and FedEx Office(R)

(June 04, 2012)

SAN FRANCISCO, CA -- (Marketwire) -- 06/04/12 -- Square, the company revolutionizing everyday transactions between buyers and sellers, today announced that its card reader is available at more than 20,000 retail locations nationwide, including Walgreens, Staples Inc., and FedEx Office stores. The Square Card Reader enables anyone to accept credit card payments on their mobile device.

"Accepting credit cards should be as easy as buying supplies at your local store," said Jeffrey Kolovson, head of Retail Distribution at Square. "We are working with leading retailers including Walgreens, Staples, and FedEx Office to give business owners convenient access to the Square Card Reader, the easiest way to accept credit card payments and grow their business."

The Square Card Reader is now available in more than 7,000 Walgreens stores, 1,500 Staples stores, and 1,500 FedEx Office stores.

Launched in 2010, the Square Card Reader plugs into the headphone jack of an iPhone, iPad, or Android device and enables anyone to take credit card payments. Over one million individuals and businesses have signed up with Square, which is processing payments at an annualized rate of over $5 billion.


Square currently offers Square Card Reader, Square Register, and Pay with Square. Square Card Reader takes minutes to set up and enables anyone to accept payments anytime. Square Register serves as a full point-of-sale system for businesses to accept payments, track inventory, and share menu and location information. Pay with Square enables individuals to explore and discover nearby merchants, browse menus, and pay with their name.

Square has expanded Card Reader presence to meet demand for the product through retail distribution chains, including Apple, Best Buy, OfficeMax, Radio Shack, Target, UPS, and Wal-Mart. Visit www.squareup.com/retail for a map of where the Square Card Reader is sold.

The Square Card Reader's suggested retail price is $9.95, with a $10 rebate upon signup for new users.

About Square, Inc.
Square is revolutionizing millions of everyday transactions between buyers and sellers with its free credit card reader for the iPhone, iPad, and Android devices, allowing anyone to accept credit cards anywhere, anytime. Square Register serves as a full point-of-sale system for businesses to accept payments, track inventory, and share menu and location information. Pay with Square is the most seamless way to pay, enabling individuals to pay with their names at their favorite local merchants, discover nearby businesses, explore menu listings, and store receipts. Founded in 2009, and headquartered in San Francisco, Square is currently available only in the U.S. More information is available at squareup.com.

Katie Baynes
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