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Square Will Ship Secure Chip Card Readers In 2015

The accessory for the Square Stand will expand the footprint of the all-in-one register.

As American consumers transition to more secure credit cards with chips, merchants will have to upgrade their card readers as well. Square said Wednesday that it will sell a new reader for $29 that will be available next year.

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Square Stand chip card accessoryPhoto: Square

The payments company will also release a $39 chip-card-reading accessory for merchants that currently use its Square Stand. But the addition of such an accessory–which is plugged into the register via hard wire–could take away from the slick all-in-one experience of the Square Stand.

Both products are available for preorder and will ship next spring.

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About the author

Based in San Francisco, Alice Truong is Fast Company's West Coast correspondent. She previously reported in Chicago, Washington D.C., New York and most recently Hong Kong, where she (left her heart and) worked as a reporter for the Wall Street Journal

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