Square: Mobile iPhone Credit Card Scanner Cost $1!
Published February 17, 2010 | 
iPhoneAlley.com reported Monday that the soon to be released mobile credit card transaction service (co-founded by Jack Dorsey of Twitter) will launch soon, as in early this summer for the extremely low price of $1.00. If you aren’t 
aware of it already, by plugging the very small device that reads credit cards into the headphone jack of the iPhone, anyone with the device can conduct credit card transactions instantly by using the iPhone app developed for the service.
Of course, user’s will need a bank account, and any account will work with Square, and the only charge to use the service is $1.00 for the app and the card reader accessory, and Square will actually donate .01 to the users charity selection. Just think what this will mean to Small Businesses that are used to dealing in only cash, and the record keeping will be mad much simpler with records available for each transaction.
In case you haven’t seen it already, we have included an introductory video produced by Square.
Square’s On-the-Go iPhone Credit Card Scanner Will Cost $1