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Video Daily: Welcome to Square
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The following comments relate to this news article:

Video Daily: Welcome to Square

article published on 11 February, 2010

Take a look at Square, the possible future of mobile payments. [ read the full article ]

Please read the original article before posting your comments.
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AfterDawn Addict
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11. February 2010 @ 21:18 _ Link to this message    Send private message to this user   
and nigerian scammers name today their national holiday
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Member
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11. February 2010 @ 21:54 _ Link to this message    Send private message to this user   
would be interested if it did not need apple. still neat idea.


Quote:
and nigerian scammers name today their national holiday
too funny.
Senior Member
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11. February 2010 @ 23:35 _ Link to this message    Send private message to this user   
Sounds like it's basically PayPal for iPhone + a card reader.
Senior Member
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12. February 2010 @ 00:54 _ Link to this message    Send private message to this user   
@___@ Want. I can see this going somewhere if it gets good advertising.
cart0181
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12. February 2010 @ 19:17 _ Link to this message    Send private message to this user   
Rofl at the guy selling it! He looks bored to be there. He needs a shave and a haircut, 2 bits from that $300 sofa goes that way I hope. It will probably just go for more beer to finally bust him out of that tight blue shirt.


Wow, that is the worst spokesman in history. Are they trying to say this thing is so new and inventive they don't need a glamorous model to sell it? It is not that new of an idea, by the way. Running credit cards from computers with internet access? Not new at all. They just realized the iPhone is a computer, what a news flash.
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Senior Member
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12. February 2010 @ 23:56 _ Link to this message    Send private message to this user   
Hmm, kinda interesting...
The Stuff that matters.
Quote:
Currently, the hardware and required account are both free. While most point of sale systems charge merchants variable fees based on the card used, Square will charge a flat rate for all cards. While that has changed during the currently 3 percent for swipes and 3.5 for keyed in entries. (At an earlier point in the beta, however, it was charging an additional 50 cents per transaction.) Takeaway? Pricing is in flux, so expect it to change before the product emerges from beta.
http://www.wired.com/reviews/product/pr_square_iphone

That's pretty reasonable. And if they stay reasonable, they might just have something.
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