US payments startup Square has passed a not-so-minor milestone this week, with founder Jack Dorsey revealing the company has now processed one billion payments. A milestone: 1 BILLION payments through Square! Who made the billionth swipe? A merchant in Sacramento that’s been using Square for 2 years. — Jack (@jack) November 5, 2014 One of Square’s core services is in enabling smaller merchants to accept offline payments using mobile devices, but it has been building out its various offerings in recent times. Following its recent $100 million funding round that valued the company at $6 billion, Square Cash for iOS...

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