Square Expanding Its Presence In E-Commerce, Mobile Transactions

SAN FRANCISCO—Square, which got its start by enabling small businesses to accept credit cards in their stores, is now expanding its presence in e-commerce and mobile transactions.

The company announced it has created a software development kit, or SDK, that will allow businesses to take in-app payments using Square's technology, stated MarketWatch.

“The move is part of Square's efforts to become a player in omnichannel commerce, a hot trend among retailers and payments companies. Financial technology firms see growing value in providing all-in-one solutions to businesses, so that users can stick with the same provider for in-store payments as for online and mobile payments,” MarketWatch said.

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