> Mobile Payments Square

Mobile Payments Square

Posted on Wednesday, December 2, 2009 | No Comments

As soon as I talk about mobile payments, they start to happen!

Jack Dorsey, of Twitter invention fame, has just launched a new product called "Square", which allows companies to take credit card payments via their smart phone. Ok, it's not allowing the end user to make payments via their mobile phone, but its certainly a step in the right direction and its pretty cool technology.

Imagine this being used in places where telephone lines or credit cards aren't currently taken - such as the local market or in outdoor concerts held in big fields! The possibilities are endless. Check out the following video from TechCrunch for a quick interview from Jack and a very simple demo:

CraigButters. Powered by Blogger.