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Can the Square’s redesigned Mag Reader help it to penetrate next 25 Million Merchants?

Square has launched a new redesigned and slimmer magnetic stripe reader and would like us to believe that its a major update. This update was expected as competitors around the world have launched better hardware devices in the last 10 months such as AccuPOS, JUSP in Europe, Harbourtouch and POSguys. The new Square card reader has been apparently revamped by a designer who worked in Apple on small accessories, such as lightening connector. The reader can detect swipes more accurately than before without ...

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