Square Releases a Better, Thinner Mobile Credit-Card Reader The new reader is compatible with more devices and is available to new users for free.

By Benjamin Kabin

Opinions expressed by Entrepreneur contributors are their own.

thenextweb.com

Businesses that use Square's credit-card reader to process payments are in for a treat, as the company released an upgraded version today that's twice as thin as its predecessor and promises to read swipes more accurately.

One of the new features is the improved 1/8-inch audio jack that makes the reader compatible with more devices. The new Square Reader also has a new magnetic readhead and spring designed to improve swipe accuracy, meaning fewer "reswipes."

"We engineered purpose-built components to create both excellent performance and beautiful design, without compromise," said Square's head of hardware Jesse Dorogusker in a statement.

Users who sign up for a new Square account will receive the new reader for free. It will be available for purchase in stores sometime next year.

Related: Square Makes Money Transfers as Easy as Sending an Email

Benjamin Kabin

Journalist

Benjamin Kabin is a Brooklyn-based technology journalist who specializes in security, startups, venture capital and social media.

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