By Josh Beckerman

Square Inc. (SQ) has reduced the chip-card processing speed for Square Reader for contactless and chip, and Square Register, to 2 seconds, compared with 3.6 previously.

The company also has updated its point-of-sale app so that merchants can remove the signature requirement.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

August 15, 2018 16:01 ET (20:01 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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