Square, the popular mobile commerce system that was developed by Jack Dorsey, has been live in Canada since October 2012 and now has a permanent address in Kitchener. This is no surprise as the company made this known last May, but new details have surfaced about the impact its having in Canada.
Mayor Carl Zehr, MP Peter Braid, MPP Catherine Fife, and others attended the grand opening and the office is located at 305 King Street in downtown Kitchener. Square Canada currently employs about 10 software engineers, with a goal of accommodating more than 30 people. Globally, Square grown from 400 to nearly 1,000 employees in the past year.
Square’s services are directly targeted to small business owners who are looking for an affordable and convenient way to accept debit and credit card payments. Square takes 2.75% of every credit card transaction, which is standard, but the Square Register point-of-sale platform, card reader dongle, and app (iPhone, iPad or Android) are all available for free.