T-Mobile is unveiling a promotion with mobile payments company Square this week. Basically, T-Mobile is offering its business users an upgrade plan where they can get a 4G Pro smartphone, and an unlimited data, talk and text plan for $69.99 with a two-year contract extension.
But along with all of the above, T-Mobile is chipping in a free Square mobile payments credit card reader with a 4G smartphone upgrade. This appears to be the first promotion of Square by a carrier, which should provide nice publicity for the mobile payments startup.
Square first got a major promotion earlier this year when Apple began selling the mobile payments readers in its retail locations and e-commerce site. Now, Square is sold at 9,000 retail locations, which include Apple, Best Buy, Radio Shack, Target and Wal-Mart.
A few weeks ago, Square, which is processing $11 million in payments per day, launched its own marketing campaign to encourage existing users to give their favorite entrepreneur or small business owner a mobile payments device as a holiday gift.
Square is making commerce easy for everyone. Starting with a free credit card reader for the iPhone, iPad, and Android devices, Square Reader allows anyone to accept credit cards anywhere, anytime, for a low transaction rate of 2.75 percent per swipe, with no hidden fees. Square Register serves as a full point-of-sale system for businesses to accept payments, manage items, and share menu and location information. Square Wallet, available in the US, is the most seamless way to pay,...