Square probably isn’t the best way to get your buddy to pay you back for coffee or Insane Clown Posse tickets. That’s what an app like Venmo is for. Square is, however, an attractive, simple, and useful way for anyone from street vendors to mobile businesses to accept credit cards. The EMV card functionality just makes it even more futureproof. Thanks to its support for numerous devices, ease of use, and beautiful interface, it’s our Editors’ Choice for mobile credit card readers and POS software solutions. If you also want to accept payment via NFC, however, you’ll want to get the Square Contactless + Chip Card Reader, which is also an Editors’ Choice.
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Examples of widely used contactless smart cards are Taiwan’s EasyCard, Hong Kong’s Octopus card, Shanghai’s Public Transportation Card, South Korea’s T-money (bus, subway, taxi), London’s Oyster card, Beijing’s Municipal Administration and Communications Card, Southern Ontario’s Presto card, Japan Rail’s Suica Card, the San Francisco Bay Area’s Clipper Card, and India’s More Card which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications.