18.09.2012 01:06 Uhr, Quelle: MacNN

Square gets $3.25B valuation, COO betting big on iPads

Mobile payment processor Square just finished its fourth round of funding, netting a $3.25 billion valuation. As AllThingsD reports, the three-year old company raised more than $200 million for this round of funding, though it achieved a lower valuation than the company had previously sought. Meanwhile, Square's chief operating officer is predicting that Apple's iPad and comparable devices will become the point-of-sale devices of choice for most retailers over the next year and a half, a likelihood that bodes well for the mobile payment company.

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