Square Teaming Up With Big Brands To Stay Relevant

Read original story on: The Street 

Fighting to remain relevant in the increasingly consolidated mobile payments world, Square is reaching out to some big-name retail brands, including Uniqlo, Burberry and Lululemon, for potential partnerships. The expanded deals are reportedly for processing fees lower than the traditional 2.75% rate Square usually charges small businesses, which has been the company’s main clientele so far.