[BITList] square

[x50type at cox.net]

Anyone started to use “square” to pay for stuff and receive payments for what ever, via their cell phone, or tablet?
seems to be taking off [the little card reader is free] and transactions are already in the billion of dollars.
with square and twitter, jack dorsey is heading for bill gates-land..................
see https://squareup.com/
ct



      Square is an electronic payment service, provided by Square Inc. Square allows users in the United States to accept credit cards through their mobile phones, either by swiping the card on the Square device or by manually entering the details on the phone. 
     

History
Creation
The original inspiration for Square occurred to Jack Dorsey in 2009 when James McKelvey (a friend of Dorsey at the time) was unable to complete a $2,000 sale of his glass faucets and fittings because he could not accept credit cards. McKelvey explained this problem to Dorsey who built a working prototype of Square.[1]

The name "Square" refers to the Square card readers which are square in shape. The name also refers to the commonly used phrase for payments: "Are we square?". However several other names were also considered and then rejected, these names include squirrel, stash and wallet.[2][3]

Growth
Introduced in early 2010 by Square Inc.,[4] the Square application is available for the iPhone, iPod Touch, iPad and Android-based mobile phones.[5] Square was co-founded by Twitter creator Jack Dorsey and Jim McKelvey.[4] Dorsey also serves as CEO, Keith Rabois as COO.[4]

Square currently has more than 100 employees.[6]

At the TechCrunch Disrupt conference in May 2011, Square announced the release of two new apps, Card Case and Register. Card Case allows customers to view merchant menus, do mobile payments, receive virtual receipts, and discover other Square-enabled merchants. Square Register is point of sale software aimed at replacing traditional credit card terminals and cash registers.

Square's current office is located in the Chronicle Building in Mission Street area of San Francisco.[6]







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