/* ---- Google Analytics Code Below */

Wednesday, December 30, 2009

Credit Card Reading with IPhone

Always interested in smartphone sensor ideas, here is another (via Stan Dyck): ... Jack Dorsey, Twitter Cofounder's new idea, a dongle type sensor that plugs into the audio jack on an Iphone and can read a mag strip. from AP (includes picture). See also their site for more related solutions.

' ... Dorsey is leading a new startup called Square. Its first product resembles a cube: a tiny credit card terminal that plugs into the headphone jack of an iPhone. The goal is to make it easier to complete a credit card transaction, whether you're a street vendor selling T-shirts or an individual settling a lunch tab with a friend.

Dorsey, who was Twitter's CEO until October 2008 and remains the social network's chairman, said he came up with the idea for Square nearly a year ago with Jim McKelvey, a glass artist who was frustrated after losing out on a $2,000 sale because he was unable to accept a credit card from a customer ... '

No comments: