http://www.wired.com/epicenter/2009/12/twitter-co-founder-launches-square-like-smartphone-paypal-for-credit-cards/
Twitter co-founder Jack Dorsey announced his new company on Tuesday in appropriate fashion: with atweet on the network he created in 2006. His new company, Square, allows merchants and individuals accept secure payment from credit (and other) cards using a mobile phone.
“The basic idea behind Square is that everyone has this little plastic device in their pocket today, which is a payment card, credit card, debit card or pre-paid card, and they’re using them everywhere, they’re using them to buy anything,” explained Dorsey in a TechCrunch video demonstration. “We found that very interesting, and we wanted to turn on the other side of that — we wanted to allow people to very easily and quickly, within 10 seconds, be able to accept these plastic devices as payment.”
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Update Dec. 9 --- Check it out!
http://squareup.com/
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Update Dec. 9 --- Check it out!
http://squareup.com/
..
