After going public last week – and losing its CEO a lot of money – Square has launched a new reader to make payments even easier, one that doesn't even require to use a card. Instead, you can take out your phone or Apple Watch and wave it over the reader. USA Today reports that the reader rolled out for 100 businesses across the U.S. today but Square plans to expand soon. The new reader also lets you pay with EMV chip cards as well.
Going by the contactless and chip reader launch web page alone, you'd think this new reader was tailor made for Apple Pay. But really it's just an NFC terminal that will accept all of the NFC-based payment solutions. So that means you can pay with Android Pay, Samsung Pay, and yes Apple Pay, too. A nice bonus for Samsung Pay users, not connected with the Square announcement, is that Chase Visa credit, debit and Liquid cards were just added as payment options.
Interested? You can reserve a reader for $49 on Square's web page.