Integrate Data247.com with Square

Data247.com?

Data247.com was founded in 2012 by Andy Feng, the founder of the company iChunk, which is now a part of Data247.com. It is a technpogy company that specializes in mobile data sputions and mobility products.

Square?

Square was founded by Jack Dorsey and Jim McKelvey in 2009. It is a technpogy company that offers payment processing services.

Integration of Data247.com and Square

Data247.com has three main products:

Secure Data Management Platform (SDMP), a cloud-based application that enables businesses to manage their data and privacy effectively.

Secure Data Exchange (SDE), an enterprise data exchange platform that is designed to enable them to safely exchange data across the enterprise and with third parties.

Secure Data Sharing (SDS), an enterprise data sharing platform that is designed to enable organizations to securely share data within their enterprise as well as with third parties.

Square software allows customers to accept credit cards through their mobile devices and at a variety of locations. It also provides analytics to business owners, including information on sales trends, tips, and other reports. It recently released a small device called Square Reader that can be placed anywhere to permit customers to make payments without needing a phone or computer. It also announced a new partnership with Starbucks allowing customers to pay for items at Starbucks using Square Wallet, which is a digital wallet available through the app for iOS and Android devices. The service works with any major credit card, but is most commonly used with Visa, MasterCard, American Express, and Discover cards. It also provides a free card reader that plugs into the headphone jack of an Apple or Android mobile phone or tablet. This device captures the card information and sends it to the customer’s mobile device or iPad for processing. Payments can be processed with or without the fee being charged to the customer. All transactions are transmitted over SSL/TLS security with 256-bit encryption. Personal information is encrypted during transmission using Triple DES encryption and stored in an encrypted format using AES-256 bit encryption. The card information never leaves the user’s mobile device or iPad and no personal information is kept on Square servers. Square does not charge any transaction fees, but charges a monthly fee for those who sign up for Square payments. In addition to accepting credit cards, it accepts debit and gift cards from VISA, MasterCard, American Express, Discover, and local debit networks such as First Data, Elavon, Sage Pay, and others in more than 10 countries. Square also allows online merchants to accept payments through its online invoicing service called Square Invoices. This service allows the business owner to send invoices to customers electronically through e-mail or to track payments received from clients online without any fee for processing the transaction. Square started offering “square” as a form of payment for purchases made on Craigslist under trial in San Francisco from August 19, 2010 until May 13, 2011 when the test ended.[3] On September 25, 2013, Square announced that it would discontinue its service for sellers on Craigslist, stating that “the program wasn’t seeing widespread usage” with only 1% of listings on Craigslist taking advantage of the feature.[4] As of July 2016 , Square provides point-of-sale equipment to approximately 2 million retailers.[5] On March 27, 2014, Square launched Square Capital, which offers businesses cash advances of up to $250,000.[6] The cash advances are funded by merchants who buy Seller Financing from Square.[7][8] The financing covers both inventory costs and working capital needs. In October 2017, Square Capital launched loans for online businesses.[9] In July 2017, it was announced that Square was exploring the possibility of going public in 2018.[10] However, on February 8, 2018, it was reported that Square had canceled its plans for an initial public offering after a long period of deliberation.[11] On September 20, 2017, it was announced that Twitter would purchase Square for $31 million; however, the deal fell through due to complications regarding how shares were valued.[12][13][14] The next day it was announced that Google had reached an agreement to acquire Square for $37 per share in cash.[15] On January 31, 2018, Square filed confidentially for IPO.[16][17] On September 18th 2018 it was announced that Square had been valued at $3.3 billion fplowing its IPO.[18] On November 15th 2018 it was announced that Square had raised $243 million in cash from selling shares of their company.[19]

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