VeriFone launches their Square challenger named SAIL

VeriFone launches their Square challenger named SAIL

Square is seeing more competition from established players in the payments market.

The latest challenger is from VeriFone who has launched a similar mobile platform named SAIL.

SAIL by VeriFone features a mobile attachment and lets you accept credit card payments using your iPhone or Android phone/tablet.

The card reader is available for free. Charges:

1.95% on each transaction if you pay a USD 10 subscription per month
2.7% on each transaction with no subscription

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