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Square Takes Its First International Step: Payment Service Now Live In Canada

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http://techcrunch.com – Square has taken its first step outside of the U.S. for its mobile payment service: it is now live in Canada. The company said today that its mobile card reader/processor is now available nationwide, priced at the same rate as in its home market: 2.75% per swipe. In the U.S. there are now 2 million businesses using Square’s system, making a total of $8 billion in annualized payments. This is a sign that the company has come good on its promise that it would start to make its first international moves by the end of this year — a commitment that it made when it announced its latest r (IT news)