New Products and Inventions

Credit Card Reader for your iPhone

(12)Dec-09-09

You can now use your iPhone as a credit card reader by plugging in "Square", a device developed by Twitter co-founder Jack Dorsey.

The device plugs into the audio input jack and immediately is ready to start taking payments. The system has an easy and intuitive interface and there are no contracts, monthly fees, or hidden costs.

iPhone payers can be linked with photo verification, or they can sign on-screen. A receipt is sent to the payers email or mobile phone instantly. You can also use text messaging to authorize payments in realtime.

[GIZMAG.COM]

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