Credit card reader co. opening NYC headquarters

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ALBANY, N.Y. (AP) — Square, Inc., the company behind the credit card payment system that attaches to mobile phones, is opening its East Coast headquarters in New York City.

Gov. Andrew Cuomo said Thursday the San Francisco-based company expects to move into its new headquarters in SoHo this summer. A spokeswoman for the company says the initial New York City team is composed of roughly 30 employees.

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