Jack Dorsey of Twitter Fame Expands in to Mobile Payment Services

Posted by admin on 29/Dec/2009 in Application Watch | 0 comments

Jack Dorsey the co-founder of the increasingly popular social networking site Twitter is set to expand in to mobile payment services.

Dorsey has beta launched Square offering users tools to accept credit and debit card purchases without using traditionally available card services and hardware. Square is currently available on Apple’s iPhone and iPod touch. Dorsey is aiming to release Square across other platforms in 2010. Square allows users to accept and swipe cards using a small device plugged in to their mobile phones audio jack. Square plans to focus more on the service than on the hardware whilst offering users no contracts, no monthly fees and without any hidden costs.

Click here for more information about Square.