When Lawyers Send Letters
New data shows that on average, a female New Yorker will pay $73 for a cut—the most expensive price in the country. Read More
Earlier today, news broke that Square’s COO, Keith Rabois, had left the company. It was a strangely-timed departure, considering Square recently raised $200 million in a Series D. Now, the Wall Street Journal has broken the news that Mr. Rabois is embroiled in a sexual harassment claim from a fellow Square employee, and resigned so that the allegations would “not cause a distraction for the company.”
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 Read More
Most startups would be more than happy to shell out a few bucks if it meant getting a meeting with top tier VCs.
But not Jack Dorsey. When he was going around the country pitching his mobile payment platform, Square, the VCs were paying him. He explained during a recent talk at Stanford,
In a 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 Read More
According to its website, the digital payment company Square was created when its current chairman, Jim McKelvey, couldn’t sell a piece of his hand-blown glass because he couldn’t accept credit cards. This inspired him to create a new type of credit card reader.
But now TechCrunch’s Robin Wauters is reporting that Mr. McKelvey’s 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