ePayment New Companies

Jack Dorseys Ideas about ePayment with Square (VIDEO-Update)


Square and Twitter Co-Founder Jack Dorsey views payments not only as an exchange of value, but also as a form of communication.

Published June 13th, 2011 | UPDATED June 30th, 2011

Although everyone can relate to money, says Dorsey, very little thought has gone into design and user experience for payment transactions. Dorsey shares his desire to build a cohesive point-of-sale system that is far more useful for merchants and customers.

Square is the simplest way to accept credit cards. It’s easy to use and comes with a free credit card reader for your phone or iPad. Square is currently available in the U.S.

The New York Times wrote: “A Simple Swipe on a Phone, and You’re Paid”. And its like that. Hope we can try it soon here in Europe. If you on travel in the U.S. give it a try.

Sign-up is quick. No complicated contracts, monthly fees, or merchant account. When you swipe cards with Square there is just one fee: 2.75%.

Visit Square https://squareup.com or download the free app from the Android Market or iTunes App Store.

See the Product in use:

Caffe La Stazione

Alex Goretsky (owner) says:

“Square was so easy for us to use. We just plugged it in and
we were able to start using it that same afternoon.”


(total 1,03 min)

What Square offeres

  • Free Credit Card Reader. Pocket-sized credit card reader that plugs into your phone’s audio jack.
  • Gorgeous App. Simple, elegant app for your Android, iPhone, iPad, or iPod touch.
  • Transparent Pricing. 2.75% per swipe for all credit cards. No monthly fees or contracts.
  • Fast Setup. Take your first credit card payment within minutes of signing up.
  • Safe and Secure. Square ensures safety for you and your customers.
  • Next-Day Payout. Automatic daily deposits to your bank account.

About the founder Jack Dorsey


(total 1,11 min)

The Video is a cut of a speech “The Power of Curiosity and Inspiration”, produced by Stanford’s Entrepreneurship Corner http://stvp.stanford.edu/

More about Jack Dorsey “Expect The Unexpected”: http://en.inmoreau.com/602

Links: https://squareup.comhttp://twitter.com


About the author


Norberto Moreau is co-owner of the group Allied Management Ltd (Hong Kong, London, Valencia). The group and his associates have activities in Yachting, Properties and IT.