Comments on: Twitter Co-Founder’s New Project Revealed: iPhone Payment System

By: Research and Generalizability « Jacob Kramer-Duffield thinks

Research and Generalizability « Jacob Kramer-Duffield thinks — Wed, 18 Nov 2009 20:26:24 +0000

[...] increasingly be using it as an identity storage and verification device for airport check-in, payment and receipt of payment, and a half-dozen other things that now seem outlandish and will soon seem mundane. It’ll be [...]

By: Todd Themann

Todd Themann — Wed, 18 Nov 2009 02:32:38 +0000

Very interesting stuff. I’ll be sure to bookmark and keep reading from the blog

By: nichampagne

nichampagne — Tue, 03 Nov 2009 18:25:58 +0000

I want this exact idea for my small business. I’m tired of not being able to accept credit or debit cards as easily as cash due to the high fees and up front costs. This idea is a win/win for small business and consumers.

By: My thoughts on Apple stores soon ditching Windows Mobile payment systems - MacTalk Forums

Sat, 31 Oct 2009 05:08:43 +0000

[...] secret by Twitter co-founder Jack Dorsey. The project was only revealed to be involved with Dorsey earlier this month, it was previously scooped as a nameless product by Engadget in August.. Square iPhone Payment [...]

By: Creador de Twiiter con planes desarrollar sistema de pago para el iPhone | AppleBlog

Wed, 21 Oct 2009 06:12:06 +0000

[...] Vía | theAppleBlog [...]

By: Creador de Twitter desarrollando un sistema de pago para el iPhone

Creador de Twitter desarrollando un sistema de pago para el iPhone — Wed, 21 Oct 2009 06:00:49 +0000

[...] | theAppleBlog Enviar [...]

By: senordoubleu

senordoubleu — Tue, 20 Oct 2009 10:48:30 +0000

A device like this has a lot of promise. Many small business owners especially sole proprietors (think barbers, the AVON salesperson, the guy who comes around to wash your car etc.) want to accept physical credit cards but can’t afford the expense of a traditional point-of-sale terminal. Traditional point-of-sale terminals use a phone line to dial out for authorization when you swipe your card. So, it also is valuable when there is no landline available (like in third-world countries or businesses that don’t operate out of a fixed location).

By: yabiah

yabiah — Tue, 20 Oct 2009 00:02:23 +0000

Using the headphone jack allows you to use the device while charging the iPhone. No worries about loosing a sale because the phone ran out of juice.

By: Gazoobee

Gazoobee — Mon, 19 Oct 2009 21:41:08 +0000

@ Rory:

Thats a good point re: the headphone jack. Hadn’t thought of it.

I still would argue that a more solid attachment on the bottom of the iPhone (accessory port), that you can swipe a card through is going to be both preferred and far less awkward than anything “hanging on a string” from the headphone jack.

If it turns out to be an iPhone only solution then it still makes no sense, but as you say if it’s intended for lots of devices then USB or headphone jack may be a good move.

By: Patrick

Patrick — Mon, 19 Oct 2009 21:35:39 +0000

Using the headphone jack enables them to get around licensing for the accessory port, thus, keeping their costs down. Also, it is possible that other devices could support this later. Future-proof and keep your costs down. I mean it’s a no brainer.