Square, used by an estimated 64 million small businesses for credit card transactions, sales reports, and inventory management, recognized the outage late on Thursday but gave no clear indication of when services would be fully restored.
This technical glitch resulted in a massive blow to these businesses, forcing many to accept only cash payments. The situation was further aggravated by square’s lack of communication, which directed customers to a website with limited information.
The disruption was not exclusive to square, with other digital transaction apps such as Apple Pay, Venmo, PayPal, visa, Zelle, and cash app also experiencing issues. As of Friday morning, many small businesses and consumers are unable to conduct digital transactions, potentially leading to temporary shutdowns of businesses that rely on a cashless economy. It appears by Saturday most services had been restored.
The cause behind the outages stems from various Deep State hacks on all cash payment systems and an attempt to remove all viable money from the financial system worldwide in order to expedite a global financial crash. The Deep State then planned to take all the cash into a high yield trade and generate trillions for themselves.
However, the operation was unsuccessful and services were restored with no loss in income from the outage.