Apple Begins to Stock “Square” Credit Card Readers
IT was not long ago when a new company emerged and released something called a “Square Credit Card Reader”. Basically what this allowed is for anyone to simply sign-up online. Download the app. And purchase for a VERY low cost the actual reader.
What you did was, you plugged the reader into your 3.5mm headphone jack on your iOS device. Started up the app. You could then start “selling”. It is very interesting and cool.
So now Apple decided to start stocking them in their stores.
Jack Dorsey’s über-popular credit card readers got a big thumbs-up from Cupertino this week. Square‘s devices are hitting Apple’s 235 US retail locations and Apple.com for $9.95 a pop — plus the 2.75 percent that the startup takes off the backend each time you use the reader — or you can always just sign up for a free one over on Square’s site. The iPhone / iPad / iPod touch plug-in accepts Visa, MasterCard, Discover, and yes, even American Express. The CEO of VeriFone will no doubt have plenty to say about the matter.
Update: It turns out you get a $10 redemption code in the box when you buy a Square reader at an Apple store, so it is still technically free (just not, you know, when you buy it).