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New credit card reader hooks up to mp3 player or mobile phone…
Jack Dorsey, co-founder of Twitter has given the public its first look at a free credit card reader dubbed ‘Square’ that could replace traditional credit card scanners. Dorsey created the concept when he saw a need for easier payment methods, especially for consumers and retailers who would like to accept credit card payments without the hassle of a merchant account. Dorsey and his co-creators say that Square will bring “immediacy, transparency, and approachability to the world of payments.” (more…)