This is Squares first large-scale in-store retail promotion and it landed a huge fish. Millions of consumers visit Apples retail outlets each day, and this will certainly translate into more sales and exposure for Square. The device will be only payments product featured in the store, and while display location may vary by store, we hear that Square will be included in the store area where main consumer-oriented accessories are displayed. Apple and Square will also be partnering to host educational seminars at the stores, where consumers can learn how to use the device.
The reader works with the iPod touch (4th Gen.), iPhone 4, and iPad. It costs $9.95 to purchase the reader. A flat rate of 2.75% is charged for any transaction you run through it.
Read More [via TechCrunch]