May 11, 2010 | by Andrew Kameka
Square, a startup that allows people to accept payments through mobile devices, has released an iPhone and Android application. The new system allows small businesses, service providers, charities, or even friends to take payments using their phone.
The new Android app requires Android 2.0 or higher. It is also compatible with Square’s free credit card reader, which can plug into the audio jack and process secure transactions. Square then produces receipts for transactions and even displays photos of items you buy. It also permits customers to provide tips to wait staff and delivery persons.
Square provides a free setup and mobile card reader, but it does charge a fee for transactions; 2.75% + 15¢ to swipe cards, 3.5% + 15¢ for keyed-in transactions. Visit Squareup.com to start your mobile business (or business from your mobile) by signing-up and scanning Square’s QR code.