NFC Times Exclusive – Payments company Square is preparing to make its Square Cash service available as a prepaid payment application for Apple Pay in the U.S., which would enable Square Cash money-transfer users to tap for purchases in stores, NFC Times has learned.
The Square Cash application for Apple Pay will be branded Visa and, thus, would be accepted at Visa payWave-enabled point-of-sale terminals, said banking industry sources familiar with the planned service.