Canada's Shopify launches new wireless card reader
Reuters
Published Apr 20, 2017 12:39PM ET
Updated Apr 20, 2017 12:50PM ET
Canada's Shopify launches new wireless card reader
(Reuters) - Canadian e-commerce software maker Shopify Inc (TO:SHOP) said on Thursday it had launched a new wireless card reader in the United States.
The rates charged will be about 2.4 percent per swipe, and the device will compete with the likes of Jack Dorsey-led Square Inc's (N:SQ) card reader, which costs merchants at least 2.75 percent per swipe.
Shopify said the card reader will work with iOS and Android operating systems and support Visa (N:V), MasterCard (N:MA) and American Express (N:AXP) cards, among others.
New customers, and existing merchants not yet using the company's point-of-sale systems can get the reader for free.
Merchants who own a Shopify point-of-sale system will have to pay $29 for the reader, the company said. Square, which also makes wireless card readers, sells it for $49.
Shopify's card reader will be available online on the company's website.
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Written By: Reuters
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