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April 27, 2011 07:53 pm GMT
There is no doubt that mobile payments company Square is on a roll. The company just landed a lucrative deal selling its credit card readers in Apple's retail stores and is growing at a fast clip. And now the company has just received a strategic investment from a giant in the credit card industry"Visa. For background, Square offers iPhone, Android and an iPad app which allows merchants to process and manage credit card transactions with a handy little credit card swiping device that plugs into the headset/microphone jack. The device and service is the brainchild of Twitter co-founder and recently appointed product lead Jack Dorsey and Jim McKelvey, and recently raised $27.5 million in new funding. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qjHR6Aenohk/
Visa Makes A Strategic Investment In Disruptive Mobile Payments Startup Square
There is no doubt that mobile payments company Square is on a roll. The company just landed a lucrative deal selling its credit card readers in Apple's retail stores and is growing at a fast clip. And now the company has just received a strategic investment from a giant in the credit card industry"Visa. For background, Square offers iPhone, Android and an iPad app which allows merchants to process and manage credit card transactions with a handy little credit card swiping device that plugs into the headset/microphone jack. The device and service is the brainchild of Twitter co-founder and recently appointed product lead Jack Dorsey and Jim McKelvey, and recently raised $27.5 million in new funding. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qjHR6Aenohk/
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