Business
Square’s ready to take on PayPal
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
In case you missed it, Square (NYSE: SQ) in December launched a streetwear collection based on its Cash App brand. No, this financial services and digital payments company isn’t suddenly pivoting into the apparel business. Instead, the “Cash by Cash App” store served as a demonstration of a much-bigger opportunity for Square.
The online store features a big button at checkout encouraging shoppers to check out with Cash App. And Square has plans to expand that checkout button to more online merchants, taking on PayPal Holdings‘ (NASDAQ: PYPL) core business.
What Square’s working on
A couple of job listings for Square…
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