Ok, Wow.Even if you aren't an iPhone user, fan, liker or if this is the first time you've ever heard of one - 'The Square' is impressive. Anyone with an iPhone and a relevant merchant account can accept credit card payments on the fly, OTA, wherever, whenever.
I'm not sure if the prices have been released yet but the opportunities and prospects on this are extreme. Imagine being able to accept secure payments wherever you have your iPhone. Offering the reassurance of an emailed or SMS'd receipt, signing functionalities, even a photo of the card holder on screen for the vendors assurance that the card holder is the owner.
Just think....
- Cafe strip customers? Swipe
- Sunset Strip customers? Swipe
- Strip joint customers that pull out their CC and "Where should I swipe this?" - Here dickhead! Swipe
- Bought tickets to a concert and all your mates said they would pay you back but haven't? Swipe
- Meet someone at a different or remote Tennis Court for a lesson and they want to pay for 20 more then and there? Swipe
- Helens Homemade Honey stall not able to take card at the local fete? Swipe
- Selling beer from the back of your ute to underage school kids at 3.15pm? Swipe
- Selling the rest to the teachers at 4? Swipe
- Users not coughing up the green for their ounce of crack? Send the boys round with The Square!
Also as the iPhone contains a GPS, a future upgrade could be a purchase tracker. Imagine heading out for a night on the town and tracing your movements the next day on the net to find out exactly where you went and how much time was inbetween. Actually maybe some things are better off forgotten!
Mmmm, future stuff.
Soundtrack Of The Day: Def Leppard - Vault
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3 comments:
Further evidence that iPhones are in fact the greatest thing of all time.
Looks like it uses the headphone jack as an input. Will work with a lot more devices than just the iPhone.
yeah but why would you bother :P
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