Twitter was abuzz this week with the news that Square, the start-up service that allows anyone with an iPhone and a small white device to process credit cards, was dropping its steep transaction fees. One business that had an especially caffeinated reaction was Joe: The Art of Coffee, who tweeted that their new Columbia Read More
Twitter co-founder Jack Dorsey’s new startup Square announced it’s slashing credit card transaction fees today.
The small, white device plugs into a smartphone and processes credit card swipes on the spot, a convenience for which Square used to charge 2.75 percent of the transaction plus a 15-cent fee. Now, the flat fee is gone. Read More
Friends and money, they don’t always mix. But they have to: Exchanging money with friends is impossible to avoid. Drinks, taxis, dinners and cable bills are just some of the things for which we become financially indebted to each other, sometimes for substantial amounts (thanks, expensive City).
There are a few problems with this. Read More
“It’s like your phone and your wallet had a beautiful baby,” is the tagline for Venmo, a New York-based startup vying to be the next big thing in cashless payments.
Venmo opened an invite-only beta in February 2010 and spent that year refining the product, an iPhone and Android app and SMS system Read More
The latest startup from Jack Dorsey, cofounder of Twitter, is a hit.
Square is a device that plugs into a smartphone and lets users accept credit card payments.
Microbusinesses love the thing, NPR reports, and Square is now processing millions of dollars every week.
The Square dongle seems to be a winner, even if Read More
Small-business owners and indie merchants can now add a powerful new tool to their arsenal.
Square, the brainchild of Twitter co-founder Jack Dorsey, turns any Android, iPhone or iPad into a credit card machine.
The company began offering its services to the general public today, after tens months of private testing with just 50,000 users. Read More