Square To Support Apple Pay Next Year

Read original story on: The Next Web

We already knew Square had plans to support chip-based credit cards with its new card readers, but it looks like the payment company will not be competing directly with Apple Pay any time soon. In a recent interview with CNN, Square founder Jack Dorsey revealed plans to accept Apple’s new transaction standard at some point in 2015. Although not confirmed yet, we won’t be too surprised to see Square start supporting other NFC-based systems like Google Waller or Softcard as well.