Andre Yoskowitz
16 Feb 2010 13:24
Last week we reported on Square, the mobile credit card scanner.
Today, reports are stating that the actual device will cost only $1 USD, and the app to use it will be free. The reader works on any device with a headphone jack, but so far the app only works on iPhone, iPad, iPod Touch.
The service is so cheap because Square will take 2.9 percent of each transaction.