Wednesday, December 9, 2009

I accept credit card.



The news -
Twitter co-founder Jack Dorsey, launches Square – a mobile credit card payment device.

The good –
small business, specially the mobile businesses will benefit the most. Rest can enjoy the wireless experience too!

Unknown –
When in wrong hand, it will be difficult to track down the person who is misusing it.

The future –
A person won’t carry anything while on the move to Pay, Call, Click or Get access

For now - Mobile payment is not a new technology, you need to wait and see if Jack could innovate the business model.

Read more at - http://skattertech.com/2009/12/square-mobile-payment-system/

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