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May 23, 2011 09:06 pm GMT

Square By The Numbers: 500K Card Readers Shipped; 1 Million Transactions In May

It's no secret that disruptive mobile payments startup Square is growing fast. And today, CEO Jack Dorsey revealed a few more milestones for the company"500,000 Square card readers shipped, 1 million Square transactions in May, and as we reported over the weekend the startup is now processing $3 million in mobile payments per day. Fresh off $27.5 million in new funding, and a strategic investment from credit card company Visa, Square is pushing the envelope when its comes to mobile and now local payments.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4rPWRsOrvLE/

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