Clover is a POS provider known for its top-of-the-line proprietary hardware, including mobile card readers, terminals, and countertop registers. Like Square, Clover offers solutions to businesses ...

there’s also a slot on one of the sides of the the new Square Reader to insert the card’s chip into the device. For now at least, Square’s mobile payment processing for small businesses is limited to ...

which could be beneficial in helping mobile payments gain traction. Square is selling the readers for a suggested $10 retail price, including a $10 rebate when users sign-up for the service.