28.04.2011 08:50 Uhr, Quelle: MacNN

Visa invests in Square, snubs VeriFone

Visa in a symbolic step said it had invested in Square. The undisclosed amount will be accompanied by a Visa executive sitting on the company's advisory board. Visa representative Ryan Donovan explained the decision to the New York Times as a way of spurring credit card use by getting it to businesses that wanted to, but couldn't, take payments due to the location or cost.

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