Navy Federal Credit Union is promoting Square's mobile card reader and payment processing services to its small-business members.
The credit union is hosting a sign-up page that directs members to Square's website. By partnering with Square, Navy Federal is providing members with an easier way to accept credit card purchases and track their sales, Jim Salmon, vice president of business services at Navy Federal, states in a March 25 press release.
"Our members are very knowledgeable when it comes to the newest technologies, and they're always looking for ways to grow their business," Salmon says in the release.
Navy Federal Credit Union serves the Navy, Army, Marine Corps, Air Force, Coast Guard and the U.S. Department of Defense. The credit union says it has more than $56 billion in assets and more than 4.5 million members.