After launching its mobile payments service in Canada a few weeks ago, Square is expanding its presence in the country with new retail partnerships.
The company’s mobile card reader is now available in more than 250 retail stores in Canada, including Apple, Best Buy, and Futureshop locations. The Square Card Reader suggested retail is $9.95 with a $10 rebate issued by Square.
In June, Square announced that it had doubled its presence in U.S. retail stores since the beginning of the year by landing in about 20,000 outlets nationwide. Square’s readers are sold at AT&T,Walgreens, Staples, FedEx Office, Apple, Wal-mart, Best Buy, RadioShack, and Target.
A spokesperson for Square issued this statement on the news: Neighborhood retail locations are an important resource for small business owners to discover new opportunities and technologies that can help them grow. We’re hoping to bring the same retail success to Canada that we’ve seen in the U.S.
Square just hit $10 billion in annualized payments and is used by more than 2 million businesses. It should be interesting to see how businesses in Canada contribute to Square’s usage in the coming months.