Square announced on Twitter a new milestone. They are now processing USD 10 billion worth of payments on a yearly basis!
The company has become a popular mode of payments that can be made through smartphones like the Apple iPhone.
They are also expanding their network through collaboration with retail giants like Starbucks.
Here is the announcement tweet:
Today we’re processing $10B in payments annually, an amazing and humbling milestone. To the small businesses growing with Square, thank you.
— Square, Inc. (@Square) November 14, 2012