If you haven’t heard of Square, you will over the coming year. It’s the new mobile credit card processing app for iPhone and iPad, they are just over a month into their pilot program, and all news so far is they are onto something pretty amazing.
The app is simple, almost so simple your grandparents could be taking mobile payments straight off the new iPad your buying them! Apart from the app, it comes with a card reader that plugs into the headphone jack to swipe credit cards, debit cards and even gift cards where applicable.
I wonder how popular this will be? It’s new tech, so people will initially be weary of fraud, particularly from the guy selling those tacos from the old van, but I think once it catches on, it will create a new world of entrepreneurs on a more micro scale. Check them out here.