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Square is a financial services platform by Block, Inc. for small and medium-sized businesses. [1] [2] It enables accepting credit card payments using smartphones as POS registers, and facilitates various business operations. As of 2023, Square reports 4 million merchant clients and an annual payment value of US$ 210 billion.
Block, Inc. (formerly Square, Inc.[ 9]) is a U.S. listed company founded by Jack Dorsey and Jim McKelvey in 2009. It is a financial technology conglomerate. The company reportedly serves 56 million users and 4 million businesses, and processes payments worth US$ 228 billion annually as of 2023. [ 10][ 11][ 3]
Contactless smart card. A contactless smart card is a contactless credential whose dimensions are credit card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets, bank cards and passports. There are two broad categories of contactless ...
2009. The xD-Picture Card is an obsolete form of flash memory card, used in digital cameras made by Olympus, Fujifilm, and Kodak during the 2000s. The xD in the xD-Picture Card stands for eXtreme Digital. xD cards were manufactured with capacities of 16 MB [a] up to 2 GB. [b] [1] The standard was phased out in the late 2000s in favour of the SD ...
A card reader is a data input device that reads data from a card-shaped storage medium and provides the data to a computer. Card readers can acquire data from a card via a number of methods, including: optical scanning of printed text or barcodes or holes on punched cards, electrical signals from connections made or interrupted by a card's punched holes or embedded circuitry, or electronic ...
Radio-frequency identification ( RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder called a tag, a radio receiver, and a transmitter. When triggered by an electromagnetic interrogation pulse from a nearby RFID reader device, the tag transmits ...
Octopus card readers were introduced in all 7-Eleven stores in July 1999, although at first these could only be used to add value to the card. [ 53 ] [ 54 ] In September 2004, the number of locations in Hong Kong was substantially boosted when Dairy Farm acquired Daily Stop , a rival convenience store chain, from SCMP Retailing (HK) .
A proximity card or prox card [1] also known as a key card or keycard is a contactless smart card which can be read without inserting it into a reader device, as required by earlier magnetic stripe cards such as credit cards and contact type smart cards. [2] The proximity cards are part of the contactless card technologies.
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