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New Startup From Twitter Founder

asdlabs-squared-i_phone.jpg
(image source | mocoNews)

Twitter just might have a few more tricks up its sleeves. Square, the new startup from co-founder Jack Dorsey is a mobile payments company that “allows anybody with a cell phone or laptop that has a headphone jack to accept credit card payments using a small plug-in dongle, rather than having to purchase costly credit-card processing equipment.” Right now Square is being tested amongst a handful of companies, but is expected to aggressively expand in 2010. Square is an ideal product for any small business, or artists selling their works on the street to complete their transaction there and then. Currently there is no word on how much the device will cost.

Source | mocoNews

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