Businesses around Australia can now access Square's contactless and chip card reader for $59, the company has announced.
The service is compatible with Apple Pay and Android Pay, chip cards and tap-and-go cards. The product is designed for businesses of every size and uses Bluetooth low energy technology to provide both countertop and mobile payments.
"We know NFC [near field communication] is important to Australian businesses, both for providing fast and secure tap-and-go card payments, and future proofing for the next wave of payment innovation like Apple Pay and Android Pay," said Ben Pfisterer, Square’s Australian country manager.

According to Square's research, up to 80 percent of the businesses across Australia now using Square had not previously accepted credit or debit cards.
"We’re committed to bringing Australian business owners the best in payment innovation — whether it’s with our newest contactless and chip card reader, our original mobile chip card reader, or our online invoicing software Square Invoices," said Pfisterer.
The device is available through retailers including Apple, Harvey Norman, Officeworks and Optus.
The mobile payment company, founded by Twitter's Jack Dorsey, launched its card reader in Australia in March. The first device accepts Visa, MasterCard and American Express debit and credit payments with a 1.9 percent charge per transaction.