- Innovative new relationship with Square and major mall operator -
- Square’s technology adds new level of convenience for Rouse’s small
business retailers -
NEW YORK--(BUSINESS WIRE)--Oct. 1, 2012--
Properties, Inc. (NYSE: RSE), a national owner and operator of
regional enclosed malls, today announced it is working with payments
to bring a convenient cost-effective point-of-sale (POS) solution to its
common area small business retailers. Rouse Properties recently launched
a one month pilot program utilizing Square’s technology at the following
three Bay Area mall locations and plans to roll out the service to its
entire portfolio of 31 malls later this year:
NewPark Mall located in Newark, CA
Southland Mall located in Hayward, CA
West Valley Mall, located in Tracy, CA
Andrew Silberfein, president and chief executive officer of Rouse
Properties, commented, “Working with Square is a prime example of our
continuous efforts to align ourselves with innovative companies that
offer value-added services to help enhance the shopping experience at
our malls for both consumers and retailers. Square’s technology will
help put money back in retailers’ pockets while providing shoppers with
a quick and highly convenient payment experience. We are excited about
this partnership and look forward to exploring additional strategic
Square offers a free credit card reader for the iPhone, iPad, and
Android devices, allowing anyone to accept credit cards anywhere,
anytime. Participating retailers simply need to plug the credit card
reader into their mobile device and swipe to quickly and seamlessly
process a transaction. The convenience of Square’s technology translates
into easy, more efficient sales for merchants and consumers.
Square introduced its free credit card reader in 2010. There are no
monthly fees or minimums, setup costs or variable percentages. Over two
million individuals and businesses are able to accept credit cards with
About Rouse Properties, Inc.
Rouse is a publicly traded real estate investment trust headquartered in
New York City and founded on a legacy of innovation and creativity.
Among the country's largest publicly traded regional mall owners, the
Company's geographically diverse portfolio spans the United States from
coast to coast, and includes 31 malls in 19 states encompassing
approximately 22 million square feet of space. For more information,
Source: Rouse Properties, Inc.
Rouse Properties, Inc.
Missy Heanue, 646-755-7088