Earlier this year, Visa felt it was hip to be “Square,” and now, T-Mobile apparently does, too.
T-Mobile is now giving away Square’s mobile payment card reader to customers who upgrade to a 4G Pro smartphone plan, according to TechCrunch. The deal also comes with unlimited data, talk and text plan for $69.99 with a two-year contract extension.
“This appears to be the first promotion of Square by a carrier, which should provide nice publicity for the mobile payments startup,” comments TechCrunch’s Leena Rao.
Last month, Square’s leader, Jack Dorsey, revealed at the Techonomy conference in Arizona that the mPayment startup is now processing around $11 million daily. (More details)
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Square is currently sold at 9,000 retail outlets, including Apple, Best Buy, Radio Shack, Target and Wal-Mart. Watch the video below to hear Dorsey compare Square to his other major startup success, Twitter.