Square Up – The “new” paypal for Iphone AND all mobile devices

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http://squareup.com/

Make sure to watch the videos at the site and all related at Youtube.com

This works on ANY phone ipod touch or ipad android etc… all with one device

Everyone gets an account (like a paypal account)

You can now take credit cards WITHOUT a merchant account.

Oh… and the card reader is free

You swipe OR enter card on ANY mobile phone. Wifi or phone connection and it hits your account instantly
and you transfer money to your checking like you do with paypal.

Soon they will have squarup debet cards to use your money on your card.

This was started by the founder of Twitter and has major backing from Angel investors.

Goodbye western union. Well, maybe not. But unlike Paypal, if you want someone to send you money they do not need a paypal account. Just a credit card. But I think PayPal will be doing something similar soon I am sure.

Now anyone can accept credit card with no merchant account even across the country!

This is the best idea I have seen in a long time.

Fee’s 2.75% plus $.015

Make sure to watch the videos!

Check this one out too for even more information.

Keywords: accept credit cards by phone, Square up