SQUARE MOBILE PAYMENT SYSTEM ADDS BITCOIN

Updated: 04/04/2014 10:33
Reprints/Permissions  Hyip Monitor
square mobile payment system adds bitcoin
The mobile payments giant Square allowed merchants to sell goods on the Square Market via Bitcoins. The system doesn't take money for placing offers...
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The mobile payments giant Square allowed merchants to sell goods on the Square Market via Bitcoins. The system doesn't take money for placing offers...

The mobile payments giant Square allowed merchants to sell goods on the Square Market via Bitcoins. The system doesn't take money for placing offers on the site. Instead the reward of 2.75% from the selling price is required to be paid via traditional payment options.

As reported, the reason for adding bitcoins is simple - to make the competition less difficult by means of finding easy ways to exchange anythin. So from now on all customers are eligible to purchase goods and services on Square Market via Bitcoins.

The news matters for the Square system itself, for its management has already applied for IPO for bitcoin as well. ion processed transactions within the year 2013. Nevertheless some experts are sure they won't work well with bitcoins, so it's nothing but a temporal solution.

Here is a short manual on how to use the "Pay with Bitcoin" option:

- a new Bitcoin address should be generated;
- submit your e-mail to receive the order details and invoice;
- submit the payment within 10 minutes, otherwise the order will be cancelled;
- confirm the payment (buyers with a mobile Bitcoin wallet, simply open their wallet and scan the QR code to load the transaction details, others. Others with a hosted Bitcoin wallet receive instructions for entering the required information);
- in case Square accepts your payment, it means the money has been delivered to the recipient's wallet;
- proceed to the confirmation page.


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Walter Anderson used to work as a creative freelance writer with three years experience in the industry working in print and online media. I used to search for exciting new projects and hence launched the monthly online newsletter, which has been supposed to increase any website traffic by 40%. Since 2010, Walter Anderson has been officially hired by HYIPNews.com media portal first for the position of the article and news writer writer and then starting from 2012, the vacant position for the chief writer at HYIPNews has been taken by Walter Anderson and is still taken by now.
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