Consider these scenarios below and then you will realize how “Square” will change the way a common person will use cash in future.

• Ever had a problem in selling your stuff because your customer didn’t had the cash? Craigslist sellers will agree with me.
• Ever won a bet but the loser gets away because he/she didn’t had cash to pay?
• How about when a buyer swipe his/her credit card, the seller can see the image of the credit card holder and visually verify the buyer?
• How about keeping all your transactions (buy and sell) in one place?
• How about starting to accept payment cards immediately with no contracts, monthly fees, or hidden costs.

Now, with Square all these problem will no longer exist. Interestingly Jack Dorsey, the founder of Twitter is also the founder member of Square. I think this product has potential to be a revolutionary product and change the way a individual or a business  transacts. Check-out some screen-shots below:

Square Signature Screen

Square Receipt Demo

The salient features of Square are:

• 0 to $60 in under 10 seconds: Start accepting payment cards immediately with Square. No contracts, monthly fees, or hidden costs. Effortlessly manage all the money you take with an easy and intuitive interface.
• Swipe it anywhere from any device: Read payment cards from any device with an audio input jack, including your mobile phone. Accepting payments has never been faster or more convenient.
• Text and email receipts. Lose the paper: As a payer, get your receipts sent to your email or mobile phone instantly and access them securely online. You can also use a text message to authorize every payment in real-time.
• Pay quickly, securely: Create a Square payer account to speed up and secure every payment. With photo verification, Square users can visually confirm you are the card holder.
• Get real rewards: If you frequent a place that accepts Square, we’ll let them know you’re a repeat customer. That 10th cappuccino may be on the house, no paper coffee card required.
• Do well by doing good: Square will donate a penny of every transaction you take to a cause of your choice. Working together to better the world, one small step at a time.

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