frank's blog

That’s 2010: Square, mobile payments startup

Posted in ideas, web by aldorf on December 30, 2009

Twitter creator Jack Dorsey just launched the site.
Square uses a small device that attaches to the audio input jack of a phone. You can swipe your card through a slot on the device and the store can send the receipt to either your e-mail or mobile phone. You can also use text messages to authorize payments in real-time.

It enables anyone to accept credit card payments with their phone. Anyone from your local hot dog vendor to an artist at a city market can take Visa or MasterCard.

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