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Square To Launch Physical Debit Smart Card?

Square Cash debit smart card

mPOS provider Square could soon be launching a physical Square Cash debit smart card, according to Recode. The move would follow the launch of a virtual Square Cash card in December 2016 that lets users make payments using their Square Cash balance anywhere Apple Pay is accepted. "Square may end up incentivising Square Cash users to spend their money at Square brick-and-mortar merchants, since the company would make money from both sides of those transactions." the publication reports.

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