Navy Federal Offering Square Readers To Small-Business Members

What's Next In Payments®
4:55 AM EDT March 25th, 2014

Navy Federal Credit Union’s small-business members will now be able to accept credit card payments through mobile card readers offered by Square Inc.

“Our members are very knowledgeable when it comes to the newest technologies, and they’re always looking for ways to grow their business,” Jim Salmon, Navy Federal vice president of business services, said in a report in the Credit Union Times.

Nearly one-third of small-business owners are young and mobile, and they will benefit from the product offering, Navy Federal indicated in the report.

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