Square, a US-based mobile payments company started by Twitter co-founder Jack Dorsey, has opened its Australian headquarters in Melbourne.

This is firm’s fourth global location after Japan, Canada and the US. The new office will be managed by Ben Pfisterer, a former NAB and Visa executive.

Square said it has chosen Melbourne due to its thriving small business community of merchants, as well as having a growing reputation as Australia’s technology hub.

The company added the local team will focus on supporting Australian SMB owners and entrepreneurs.

Square offers a free credit card reader that can be attached to mobile devices to accept credit card payments. Since its launch in 2009, the company has raised over $590m from investors.

"Leveraging our knowledge of the local market, and the growth of Square around the world, we are looking forward to deploying an exciting product road map in the future that will help to make commerce easier for Australian small-business owners," Pfisterer said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.