Square's expansion in Canada last year doesn't appear to have gone anywhere meaningful. It's not just Interac; all cards are now Chip based. Credit Cards still also have the swipe but it's mainly used for cross-boarder shopping. It's been years since I've seen a card swiped in Canada that wasn't from an American tourist. Finally, Interac debit cards dominate the Canadian POS scene and the are Chip only and so won't work with Square any time soon.
If Square can't even meaningfully make inroads into Canada, I highly doubt they will be able to make inroads into anywhere else. But, we'll see...
If Square can't even meaningfully make inroads into Canada, I highly doubt they will be able to make inroads into anywhere else. But, we'll see...