clock menu more-arrow no yes mobile

Filed under:

Square Unveils Pricing for New Chip Card Reader

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Square, the Jack Dorsey-led local commerce company, said it was starting to accept preorders for a new credit card reader that would allow businesses to accept a more secure type of credit card that will become ubiquitous in the U.S. over the next year. The readers, which will still accept traditional magnetic-stripe cards in addition to the new chip cards, will cost $29. Square will also sell a $39 card reader that attaches to its iPad-holder, Square Stand.

This article originally appeared on

Sign up for the newsletter Sign up for Vox Recommends

Get curated picks of the best Vox journalism to read, watch, and listen to every week, from our editors.