PayPal on Thursday unveiled “PayPal Here,” a small accessory similar to the solution offered by Square, that can be used to accept credit card payments on an iPhone. The reader is a large blue triangle that connects to the top of an iPhone through the headphone jack. With the help of the “PayPal Here” iOS app, a merchant can input a sum and have a consumer swipe his or her credit or debit card to make payments. PayPal’s app also features a “Scan Card” feature, which uses the iPhone’s camera to record a credit card number or even a check. The app can track invoices and cash payments, and be used with checks, credit cards and debit cards. PayPal Here comes on the heels of the company’s unveiling of an upcoming digital wallet service that looks to compete with Google Wallet. More →
T-Mobile USA announced on Tuesday that it is now selling Square credit card systems in its retail stores. Square allows people to take payments by swiping a credit card through the Square dongle, which can be plugged into the end of a smartphone. “The success of our small business customers is important to us. Formerly ‘cash only’ small businesses can now simply and cost-effectively accept credit cards with their smartphone using Square, giving them an easy path to growth,” said Matt Millen, vice president of small and medium business sales at T-Mobile. “As these businesses evaluate their wireless needs, T-Mobile is committed to providing quality of service, cost savings and connectivity that are a requirement for their success.” T-Mobile will also offer direct support for the smartphone payment accessory. The company’s full press release follows after the break. More →
Visa has made an undisclosed investment in payments startup Square in exchange for a seat on the firm’s board of, Reuters reports. Square is a portable credit card reader that was created by Twitter co-founder Jack Dorsey. It allows iPhone, iPod touch, or iPad owners to charge for goods and services on-the-go, but came under some scrutiny earlier this year when VeriFone’s CEO slammed the product in a blog post. On April 21st, Apple and Square announced that the Square credit card reader was available online and in Apple Stores nationwide for just $9.95. More →
On Wednesday, Square’s CEO Jack Dorsey announced that the firm’s iPhone credit card reader — also supported by the iPad and iPod touch — is now available in all 235 U.S. Apple Store locations, and online, for $9.95. The mobile payment solution allows business owners to quickly charge for products and services wherever they have an iOS device and a data connection. Square accepts Visa, MasterCard, American Express, and Discover cards, and the company takes a 2.75% cut of every swipe. If you sign up for Square service online, Square says it will send you the first reader for free. More →
VeriFone’s CEO, Douglas G. Bergeron, has taken to the Internet to publicly voice his company’s concern with a mobile payments startup named Square. Via a YouTube video and an open letter, Bergeron explains that Square’s reader has a “serious security flaw” that “places consumers in dire risk.” Bergeron and VeriFone’s beef stems from the fact that Square’s reader does not utilize any type of hardware encryption schema when scanning cards. What does this mean? If you were to use a VeriFone card scanner, the information scanned off of a credit card’s magnetic stripe would be encrypted, stored, and transmitted to the desired payment agency for processing. Square’s scanners attach to the 3.5mm audio jack of an iPhone, iPad, or iPod touch, and scan/store the read credit card information in plain text — making it later viewable by a person(s) running a skimming scam. More →
If you’re rocking a 64-bit operating system, you are probably acutely aware that your 64-bit browser has to utilize Adobe’s Flash plug-in in 32-bit mode. Yesterday, Adobe announced a sneak preview of their 64-bit Flash implementation they are calling “Square.” As the press release states:
This preview includes support for two new areas, namely enhanced support for Microsoft’s Internet Explorer 9 Beta and native 64-bit support for all major desktop operating systems including Linux, Mac, and Windows. [...] The community has been very vocal around the need for native 64-bit support and we’ve heard you loud and clear. Today we’re also sharing a refresh of the Linux 64-bit version of Flash Player together with the first preview of both the 64-bit Windows and Mac versions.
The company is encouraging those with 64-bit browsers to give the new code, complete with 32 extra bits, a try. Hit the read link for more information and the download instructions. More →
Well, well, well… That rumored touch screen square iPod nano is looking pretty solid right about now. Thanks to our lovely friends in manufacturing in Asia, 3rd party cases have started showing up online for the new iPod nano device. We’re not talking just one either, more like a whole heap — every color possible, too. In addition to cases, there is also a mockup along with sizing dimensions that has surfaced as well. We have to ask, is an incredibly small touchscreen iPod nano something that interests you, or will you stick to an iPod shuffle? Image of one of the cases after the break!
If you are not familiar with Square, it is a mobile payment service (hardware and software) that hopes to change how mobile transactions are processed. Now available for iPhone, iPod touch, iPad, and Android devices, all you need to get going and accepting credit card payments is Square’s credit card reader. If you have been down the merchant account road before, you are probably asking how much the device costs, right? Square is giving out the reader, which plugs into the 3.5mm headset jack on your smartphone, for free. Their transaction rates are also pretty competitive at 2.75% of the transaction + $0.15 for all major credit cards. If you have always wanted to pay that shady guy off of Craigslist with plastic instead of paper, your dream might finally come true as this propagates throughout the wild. Check out a video of the service after the jump! More →