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Square mobile payment service raises $100 million
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Square mobile payment service raises $100 million

article published on 29 June, 2011

Twitter co-founder's mobile payment service gets 9-figure investment. In the financing round, led by Kleiner Perkins Caufield & Byers, Jack Dorsey's Square service secured $100 million. Square enables people to use their mobile phones to accept credit card payments from others. Visa has previously invested in the company (though the sum was never disclosed). Former U.S. Treasury Secretary ... [ read the full article ]

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Posted Message
jam_k
Junior Member
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30. June 2011 @ 12:25 _ Link to this message    Send private message to this user   
"just one 2.75 percent fee" ? that has to be the highest "card present" rate I've heard of.

however the initial investment is also the lowest I've heard of : )
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