Rouse Properties, Inc. (NYSE: RSE), a national owner and operator of regional enclosed malls, today announced it is working with payments innovator Square 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 alliances.”
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 Square.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, visit www.rouseproperties.com.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV