Square, a Block unit, expanded its Square Credit Card program, adding Bill Pay so sellers can fund vendor payments even when vendors do not accept cards.
The refreshed card runs on the American Express network, offering unlimited 3% cash back on Square Bill Pay transactions, 1.5% on other purchases.
Rewards can be redeemed as deposits into Square Savings, statement credits, or free payment processing, aiming to improve small-business cash-flow management.
Bill Pay was broadened beyond Square Checking users, positioning it as an accounts payable tool across Square’s seller base.
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