It’s Hip to Be Square: Processing Credit Cards On Your Phone

February 6th, 2010 admin

By Tahera It’s safe to say, of late, you can do just about everything but brush your teeth with an iPhone. You’re always wondering what else the creatives at Apple are going to think of next. Well, the next marvel is credit card processing using any credit card with your phone! In December 2009, Jack Dorsey, the founder of Twitter, launched a new application that allows iPhone users to process credit cards using their phones. Under a new venture, called Square , Dorsey hopes to take credit card processing to a new mobile high. To use the credit card processor, the user needs to attach a specialized dongle to the headphone jack of the iPhone, (it even works with an iPod touch, as it uses the wireless function to process the transaction). Then, using a specialized application, the user can…


Originally posted on WiseBread

 
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