Small business members of Navy Federal Credit Union will now be able to accept credit card payments through Square Inc.

According to the $56 billion credit union in Vienna, Va., business service members who sign up for Square will have low card processing costs with no activation or monthly fees.

Founded in 2009, the San Francisco-based Square allows businesses to accept credit cards on the go, manage a point of sale system and sell products online, according to the company. Credit cards are accepted on iPhone, iPad, and Android devices.

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