Companies like Square have changed how business gets done with technology like Square Wallet. They provide services so a small businesses can process transactions right from a customer’s Apple or Android mobile device.
Because of their growth in recent years, Square recently gave back to some of their clients they believe are focused on job growth and entrepreneurship. In February, the company announced the winners of what they call their, “Square Wallet Challenge.”
All of the businesses eligible to participate in the challenge were required to offer a payment option to their customers through Square Wallet. Each time a transaction was routed for that business through Square Wallet, that particular company would receive a set of points. In the end, the 20 companies with the highest amount of points were awarded one of 20 $10,000 prizes. In addition to the money for the businesses, Visa also awarded the winning companies with four $250 gift cards for their employees.
“This Challenge brings awareness to the benefits of accepting electronic forms of payment and helps business owners attract new customers and build loyalty with current customers – all with the confidence in the safety of the transaction.” Said Janet Zablock, head of global small business at Visa Inc.
The winners ranged from food trucks to small shops like Cafe Evoke in Oklahoma.
“We’re planning to use the money to expand our catering service and bring the best coffee, wine and beer to even more customers.” said Jason Duncan, owner of Cafe Evoke.
“With Square, we want to make it easier than ever for business owners to focus on doing what they love.” said Chuck Kimble, head of Strategic Parnterships at Square.
Square also offers services like Square Register and Square Reader. Square Register is a point-of-sale service so businesses can share information, track inventory and of course, accept payments. Square Reader offers the ability to accept credit cards from anywhere, at anytime.