AfterDawn: News

Video Daily: Welcome to Square

Take a look at Square, the possible future of mobile payments.






Written by: Andre Yoskowitz @ 11 Feb 2010 17:45

• Previous article

• TV shows to cost $1 for iPad owners through iTunes?

• Next article

• Google buys social search company Aardvark

• 6 comments

• shaffaaf

  and nigerian scammers name today their national holiday

  11.2.2010 21:18 #1

• lamain

  would be interested if it did not need apple. still neat idea.
  
  
  Quote:and nigerian scammers name today their national holiday too funny.

  11.2.2010 21:54 #2

• nonoitall

  Sounds like it's basically PayPal for iPhone + a card reader.

  11.2.2010 23:35 #3

• 21Q

  @___@ Want. I can see this going somewhere if it gets good advertising.

  12.2.2010 00:54 #4

• cart0181

  Rofl at the guy selling it! He looks bored to be there. He needs a shave and a haircut, 2 bits from that $300 sofa goes that way I hope. It will probably just go for more beer to finally bust him out of that tight blue shirt.
  
  
  Wow, that is the worst spokesman in history. Are they trying to say this thing is so new and inventive they don't need a glamorous model to sell it? It is not that new of an idea, by the way. Running credit cards from computers with internet access? Not new at all. They just realized the iPhone is a computer, what a news flash.

  12.2.2010 19:17 #5

• ThePastor

  Hmm, kinda interesting...
  The Stuff that matters.
  Quote:Currently, the hardware and required account are both free. While most point of sale systems charge merchants variable fees based on the card used, Square will charge a flat rate for all cards. While that has changed during the currently 3 percent for swipes and 3.5 for keyed in entries. (At an earlier point in the beta, however, it was charging an additional 50 cents per transaction.) Takeaway? Pricing is in flux, so expect it to change before the product emerges from beta.
  " target="_blank">http://www.wired.com/reviews/product/pr_square_iphone
  That's pretty reasonable. And if they stay reasonable, they might just have something.

  12.2.2010 23:56 #6