The reader will be compatible with Apple's (AAPL) - Get Apple Inc. (AAPL) Report iOS and Alphabet's (GOOGL) - Get Alphabet Inc. Class A Report Android platforms, and will compete with Square's e-reader, which charges 2.75% per swipe.
The reader will support Visa (V) - Get Visa Inc. Class A Report , MaserCard (MA) - Get Mastercard Inc. (MA) Report and American Express (AXP) - Get American Express Company Report cards. Shopify shares were up over 4% Thursday.
(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views.Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)