iPhone Credit Card Reader To Be Demoed At CES

December 31, 2009 :: Posted by - SoSly :: Category - News

Coming this CES (which is actually next week): a complete credit card transaction accessory and service for your iPhone. If this thing works as expected, you might actually see it in more than a few places (think: street vendors that will take credit card payments). A company called Mophie is planning to show off an add-on that works with an app to deliver credit card payments through Square, a payment service recently started up by Jack Dorsey, a Twitter alumni. This is one of a couple such systems that will be vying to fulfill the function (and probably take a few cents from each transaction for their troubles), but so far all we’ve really got is demos, no actual releases planned.

But maybe we’ll hear more at CES. There’s all kinds of applications here — a solid, working implementation of a service like this could end up being extremely popular for anybody that regularly needs to conduct transactions out in the field.

Via tuaw.com

iPhone To Get A Credit Card Reader??

October 19, 2009 :: Posted by - SoSly :: Category - News

If you were Jack Dorsey, one of the co-founders and current chairman of Twitter, you’d want to think about something else big to follow up on your huge success.

While it doesn’t sound like anything groundbreaking, Dorsey’s new company Square is developing a tiny white cube (see photo above) that plugs into the headphone jack on either an iPhone or iPod touch. The cube is a credit card reader, something missing from all of those credit card apps currently in the iTunes App Store. Read more…