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Introduced in early 2010 by Square Inc.,<ref name = "aboutsquare">{{cite web|url=https://squareup.com/about|title=About Square|publisher=Square Inc.|accessdate=2011-03-15}}</ref> the Square application is available for the [[iPhone]], [[iPod Touch]], [[iPad]] and [[Android (operating system)|Android]]-based mobile phones.<ref>{{cite news|url=http://latimesblogs.latimes.com/technology/2010/05/square.html|title=Square begins taking orders for free credit card reader|author=Mark Milian|date=May 11, 2010|newspaper=[[Los Angeles Times]]|accessdate=2010-05-14}}</ref> Square was co-founded by [[Twitter]] creator [[Jack Dorsey]] and Jim McKelvey.<ref name="aboutsquare"/> Dorsey also serves as CEO, Keith Rabois as COO.<ref name="aboutsquare"/> |
Introduced in early 2010 by Square Inc.,<ref name = "aboutsquare">{{cite web|url=https://squareup.com/about|title=About Square|publisher=Square Inc.|accessdate=2011-03-15}}</ref> the Square application is available for the [[iPhone]], [[iPod Touch]], [[iPad]] and [[Android (operating system)|Android]]-based mobile phones.<ref>{{cite news|url=http://latimesblogs.latimes.com/technology/2010/05/square.html|title=Square begins taking orders for free credit card reader|author=Mark Milian|date=May 11, 2010|newspaper=[[Los Angeles Times]]|accessdate=2010-05-14}}</ref> Square was co-founded by [[Twitter]] creator [[Jack Dorsey]] and Jim McKelvey.<ref name="aboutsquare"/> Dorsey also serves as CEO, Keith Rabois as COO.<ref name="aboutsquare"/> |
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In March 2011, rival payment company [[VeriFone]] claimed that the Square system was insecure, and that a "reasonably-skilled" programmer could write a replacement app which could conceivably use the Square device to [[Card skimming|skim]] a credit card and return its details. VeriFone posted a demonstration video and sample skimming app to its website.<ref>{{cite news |title=Square's mobile credit card reader easily hacked, says VeriFone |author= Hsu, Tiffany |url=http://latimesblogs.latimes.com/technology/2011/03/squares-mobile-credit-card-reader-easily-hacked-says-verifone.html |newspaper=Los Angeles Times |date=March 9, 2011 |accessdate=March 11, 2011}}</ref> Dorsey called VeriFone's claims "neither fair nor accurate", noted that the card data could be gathered visually from the card, and said that the claims ignored the fraud protection provided by card issuers.<ref>{{cite news |title=Square answers VeriFone's accusations on security of mobile credit card reader |author= Olivarez-Giles, Nathan |url=http://latimesblogs.latimes.com/technology/2011/03/square-answers-verifones-accusations-on-security-of-mobile-credit-card-reader.html |newspaper=Los Angeles Times |date=March 10, 2011 |accessdate=March 11, 2011}}</ref> |
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At the [[TechCrunch]] Disrupt conference in May 2011, Square announced the release of two new apps, Card Case and Register. Card Case allows customers to view merchant menus, do mobile payments, receive virtual receipts, and discover other Square-enabled merchants. Square Register is [[point of sale]] software aimed at replacing traditional credit card terminals and cash registers. |
At the [[TechCrunch]] Disrupt conference in May 2011, Square announced the release of two new apps, Card Case and Register. Card Case allows customers to view merchant menus, do mobile payments, receive virtual receipts, and discover other Square-enabled merchants. Square Register is [[point of sale]] software aimed at replacing traditional credit card terminals and cash registers. |
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Revision as of 22:16, 29 May 2011
| Type of business | Private |
|---|---|
Type of site | Mobile payments |
| Headquarters | San Francisco, California, U.S. |
| Area served | United States |
| Founder(s) | Jack Dorsey Jim McKelvey |
| Key people | Jack Dorsey (CEO) Keith Rabois (COO) |
| URL | [1] |
| Launched | May 2010 |
Square is an electronic payment service, and the name of the card-reading device it uses. Square allows users in the United States to accept credit cards through their mobile phones, either by swiping the card on the Square device or by manually entering the details on the phone.
Introduced in early 2010 by Square Inc.,[1] the Square application is available for the iPhone, iPod Touch, iPad and Android-based mobile phones.[2] Square was co-founded by Twitter creator Jack Dorsey and Jim McKelvey.[1] Dorsey also serves as CEO, Keith Rabois as COO.[1]
At the TechCrunch Disrupt conference in May 2011, Square announced the release of two new apps, Card Case and Register. Card Case allows customers to view merchant menus, do mobile payments, receive virtual receipts, and discover other Square-enabled merchants. Square Register is point of sale software aimed at replacing traditional credit card terminals and cash registers.
References
- ^ a b c "About Square". Square Inc. Retrieved 2011-03-15.
- ^ Mark Milian (May 11, 2010). "Square begins taking orders for free credit card reader". Los Angeles Times. Retrieved 2010-05-14.
External links
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