As reported in TechCrunch, a new app Square which is a hardware/software combination for mobile devices (launching first for the iPhone/iPod touch) that allows vendors to easily accept and process credit card payments. Square’s website, the Twitter founder Jack Dorsey’s new startup, is launched and its product is in private beta testing with limited launching partners.
The idea – let people quickly and easily accept physical credit card payments from their mobile phone. A small device attaches to the phone via the headset/microphone jack. The device gets the power it needs to send data to the phone from the swipe of the card, and sends the information over the microphone connection. Based on the shots below, the device is compatible with both the iPhone and Android (or at least the recently released Droid).
Think paypal, but anyone can now accept physical credit card payments, too. With no contracts or monthly fees. People are sent receipts by text and email.
[via TechCrunch]
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I think Square will change the way the businesses use Smart Phones. Depending on the Pricing structure, this can also change how companies process credit cards.
http://timskaggs.net/blog/2009/12/square-hopefully-the-best-thing-to-happen-to-smart-phones-in-2010/
When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? – Thanks
Hi Charles,
In that email, you can find some links to unsubscribe the mails.
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