Square For Mobile Payments At Political Fundraisers, Any Future Use at Doctor Offices?

Square is an innovative way to let people quickly and easily accept physical credit card payments from their mobile phone. The service was started by the Twitter co-founder Jack Dorsey.

Here is how Square works: A small device attaches to the phone via the headset/microphone jack. The device gets the power it needs to send data to the phone from the swipe of the card, and sends the information over the microphone connection. The device is compatible with both the iPhone and Android. It’s similar in some ways to PayPal, but anyone can now accept physical credit card payments, too. With no contracts or monthly fees. People are sent receipts by text and email. If you haven’t seen Square in action, check out this video:

Square Now Being Used For Mobile Payments At Political Fundraisers
Video: Jack Dorsey Talks Square And I Buy Him Coffee With It
Square Turns Your iPad Into A Cash Register

Updated: 04/03/2010

1 comment:

  1. there is a FaceCash the mobile payment application. Tt will be available on iPhone, BlackBerry or Android phones. Then type in your bank account information, Social Security number, and driver’s licence number, and upload your picture. That’s it. You can now use your phone to make pretty much any in-person transaction, whether at a restaurant or at a grocery store — as long as the merchant has signed up for the service. To accept your payment, the merchant simply scans the FaceCash barcode on your phone with a scanner, and your picture will pop up on their computer screen — which helps them avoid fraud. They then approve your payment. Dead easy. And slick


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