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�NTER-OFFICE MEMORANDUM <br />Department of Innovation & Technology <br />City of South Bend 227 W Jefferson Blvd <br />TO: Board of Public Works, Linda Martin, Sandra Kennedy, Clara McDaniels <br />CC: Rahman Johnson, Michael Schmidt, Ben Dougherty, Jen Hockenhull, Dan O'Connor <br />FROM: Jeff Weaver <br />SUBJECT: Square, Inc. ais a New Vendor <br />DATE: 7/13/2018 <br />Linda and Members of the Board <br />We are submitting for review and approval for a new vendor, Square, Inc. Square is a financial <br />services, merchant services aggregator, and mobile payment company based in San Francisco, <br />California. The company markets several software and hardware payments products, including Square <br />Contactless and Chip Reader, Square Stand, Square Register and Square Magstripe Reader, and has <br />expanded into small business services such as Square Capital, a financing program, Cash App,, a person - <br />to -person payments service, Appointments, Gift Cards/eGift Cards, Invoices, Virtual Terminal, <br />Marketing, Loyalty, Employee Management, and Square Payroll. <br />Thie City of South Bend has identified Square Inc. as the most practical vendor to act as the City's point <br />of sale (POS) merchant software and hardware vendor. The City currently has over 150 Apple iPad <br />mobile devices deployed that can utilize Square's hardware and applications. Square is the <br />recommended POS software anid hardware vendor by Apple due to its ease of use, encryption and <br />security, deployment, and management of the online account. Square is one of the largest POS <br />vendors, with millions of customers both domestically and internationally. <br />Utilizing Square technology will give any City department with a mobile device the ability to set up an <br />account, under the direction of City Finance, and begin taking credit card sales. This will benefit City <br />entities such as pools and the East Race, where cash is currently only accepted. Additional benefits <br />include the ability to set up donation accounts and sell event tickets. <br />Thank you for your consideration in this matter, <br />Jeffrey M. Weaver, LISP <br />