Ever wonder what the offspring of an after-party Twitter and Digg copulation might look like? No, well aren't you pure and normal. Regardless, we fantasize about it all the time but never expected this iPhone payment dongle to be first from the litter.
Square is Jack Dorsey's (Twitter co-founder) new startup that now has Kevin Rose (Digg founder) on board as an investor and YouTube pitch man for the prototype payment device that plugs directly into the iPhone's headphone jack. We've covered Square before but this is the first video that clearly demonstrates the full capability of the credit card swipe system on a live device. A compelling proposition for receiving cashless payments if you're a small business owner looking to exploit irresponsible credit card debt or just the average Joe hocking goods at a garage sale, farmers market, or Craigslist. Assuming of course, Square's cut of the transaction isn't too egregious. Demo after the break.
posted January 18th 2010 1:53AM
i was watching twit live CES coverage and there was another company that had it already available at the CES show. plus theres was allot more refined....
i was watching twit live CES coverage and there was another company that had it already available at the CES show. plus theres was allot more refined....
also just so people know you need hardware that allows you to swipe a credit card, without it, opens people to fraud. all you have to do is call your CC and tell them it was not you, that is why the CC apps where not a big deal when the iphone first came out