Share “Credit card reader co. opening NYC...”

Credit card reader co. opening NYC headquarters

Published on NewsOK Modified: April 25, 2014 at 2:02 am •  Published: April 25, 2014

ALBANY, N.Y. (AP) — Square, Inc., the company behind the credit card payment system that attaches to mobile phones, is opening its East Coast headquarters in New York City.

Gov. Andrew Cuomo said Thursday the San Francisco-based company expects to move into its new headquarters in SoHo this summer. A spokeswoman for the company says the initial New York City team is composed of roughly 30 employees.

As part of the $5 million Empire State Development tax credits offered to Square to expand its operations, the company will have to grow by 350 employees. The tax credit is tied to job creation and investment commitments.

The credit card reader attaches to the headphone jack of iPhone, iPad and Android devices.


  1. 1
    Oklahoma security guard high on pot when he shot man, say attorneys
  2. 2
    OHP: Vehicle crashes into crane near U.S. 81 and I-40
  3. 3
    Jaguars GM doubts Justin Blackmon will ever play again
  4. 4
    The glamorous life of a frequent traveler is a lie, researchers say
  5. 5
    VIDEO: Olivia Munn, Aaron Rodgers back in the gym prepping for X-Men movie
+ show more


× Trending business Article