Do business anywhere and take credit card payments on your Apple device with the Square Reader for magstripe. It’s quick and easy to get started: Download the free Square Point of Sale app . plug Square Reader for magstripe into your device’s Lightning connector . and you’re ready to swipe cards anywhere. The free Square Point of Sale app takes care of payments . tipping . inventory . reports . and more. Pay just 2.6% + 10 per swipe for Visa . Mastercard . Discover . and American Express . with no long-term contracts . monthly processing fees . or bank merchant account applications. Fast transfers come standard??get money in your bank account as soon as the next business day . or instantly for a fee. Add Square Reader for contactless and chip and accept every way your customers want to pay??take EMV chip cards . Apple Pay . Google Pay . other NFC payments . and magstripe cards.