Amazon may be going after Square with a credit card reader of its own
See the original posting on The Verge
It looks like Amazon is about to release another piece of hardware. After over a year murmurs, documentation from Staples’ internal inventory system suggests that Amazon is almost ready to unveil its own point-of-sale system to compete with the likes of Square and PayPal Here. A copy of the inventory documentation provided to 9 to 5 Mac includes an unreleased product referred to as an “Amazon Card Reader.” The site reports that it’s marked as a $9.99 product and the system notes that signage related to the reader should be held until August 12th.
Today’s leak doesn’t provide any more information, but it isn’t difficult to see how this could match up with a rumor from The Wall Street Journal‘s sources earlier this year. In that report,…