Square rolls out iPhone version of payment app
updated 10:20 am EDT, Tue May 11, 2010
Should signal shipping of external card readers
Square has officially launched an iPhone-compatible version its self-named mobile payment app, following up on an earlier iPad-only release. Intended for businesses, the app processes cash and credit card transactions without needing a register or a specialized handheld. Credit card payments still require the special Square dongle scanner, which is finally expected to ship now that the software is ready at the App Store.
Special features of the app calculate sales tax, send receipts via e-mail or SMS, and monitor commonly sold items. Actually tracking the flow of incoming payments requires logging into a web interface. The iPhone app is a free download, and also supports the iPad and iPod touch. Square obtains its money by claiming a small fraction of each payment.
Grizzled Veteran
Joined: Sep 1999
About time
I've already started researching alternatives since this was taking so long to actually become a real product, and so many working alternatives appeared on the market.