Comments on: Jack Dorsey on Square, How It Works & Why It Disrupts

By: Who’s Afraid of NFC? Not Square: Tech News and Analysis «

Who’s Afraid of NFC? Not Square: Tech News and Analysis « — Mon, 07 Feb 2011 23:00:51 +0000

[...] I first wrote about the company over a year ago, and outlined why I thought it was going to be a disruptive start-up. Since then I have followed the company and its competitors closely. The company recently got a $27.5 million fresh capital infusion from Sequoia Capital and according to The Wall Street Journal, is valued at over $240 million. Why such optimism around Square? [...]

By: Dan

Dan — Sun, 16 Jan 2011 23:01:47 +0000

You can just enter a credit card and charge with this app (3.25% given to square)

If you swipe the card using the reader, they’ll take 2.50% instead.

By: Dan

Dan — Sun, 16 Jan 2011 22:58:15 +0000

Even if everything you’ve mentioned is true, it’s still a great device for me (freelance designer) to score clients I would not have been able to do in a cash-only transaction.

The square its self was free, and took two days to get to my house once I signed up.

By: Rennek

Rennek — Mon, 03 Jan 2011 21:41:40 +0000

The dongle is not PCI compliant because the audio signal can be recorded by software in the phone, storing all the credit card numbers. Also, I feel sorry for the company that decided to take all the risk associated with having non-merchants giving the ability to take credit cards. Epic fail if you ask me. Paypal tried doing this before and it failed because everyone was using it to pay for back alley transactions…

By: Tolu

Tolu — Tue, 26 Oct 2010 21:26:22 +0000

imaging if we could turn everything into an audio signal?

http://www.transolveltd.com

By: Amidst Rising Competition, Square Launches

Amidst Rising Competition, Square Launches — Tue, 11 May 2010 17:00:28 +0000

[...] 0 I can’t help but notice the degree to which — from the time I first waxed eloquent about Square, a San Francisco-based mobile payments startup, to today, when the company officially [...]

By: Pay for Drinks at SXSW Using Your iPhone « Aurora LIVE

Pay for Drinks at SXSW Using Your iPhone « Aurora LIVE — Wed, 10 Mar 2010 00:55:09 +0000

[...] to have their own coming out parties. We contacted Square — the mobile transaction company founded by Jack Dorsey of previous SXSW breakout success Twitter — to ask about its SXSW plans but haven’t heard back [...]

By: Pay for Drinks at SXSW Using Your iPhone – GigaOM

Pay for Drinks at SXSW Using Your iPhone – GigaOM — Tue, 09 Mar 2010 01:01:29 +0000

By: PayPal Wants to Hitch its Wagon to The Social Train – GigaOM

PayPal Wants to Hitch its Wagon to The Social Train – GigaOM — Thu, 25 Feb 2010 21:27:51 +0000

[...] for well over a year now. Instead, much of the recent buzz has been around Square, the hot new mobile-payment gizmo created by Twitter co-founder Jack Dorsey. As entrepreneur Patricia Handschiegel noted in a blog [...]

By: Sporting Dude

Sporting Dude — Tue, 23 Feb 2010 07:19:19 +0000

Contact: twitter.com/@SportingDude

Here's the future. Ready?

You have your encrypted financial info on your smartphone. Your touchscreen is a thumb print verifier so that only you can access your financial data.

Through Bluetooth, you beam your transaction approval data (account, amount, encrypted thumb print "signature") to the other smartphone.

The receiving smartphone then Wi-Fi's or 3Gs up the data to the clearing house for payment.

Thank you.