Dec 3 2009
Jack Dorsey Square Up Project takes off
 
  • 0 to $60 in under 10 seconds.

    Start accepting payment cards immediately with Square. No contracts, monthly fees, or hidden costs. Effortlessly manage all the money you take with an easy and intuitive interface.

  • Swipe it.

    Read payment cards from any device with an audio input jack, including your mobile phone. Accepting payments has never been faster or more convenient.

  • Text and email receipts. Lose the paper.

    As a payer, get your receipts sent to your email or mobile phone instantly and access them securely online. You can also use a text message to authorize every payment in real-time. View sample

    Pay quickly, securely.

    Create a Square payer account to speed up and secure every payment. With photo verification, Square users can visually confirm you are the card holder

  • Get real rewards.

    If you frequent a place that accepts Square, we’ll let them know you’re a repeat customer. That 10th cappuccino may be on the house, no paper coffee card required.

  • Do well by doing good.

    Square will donate a penny of every transaction you take to a cause of your choice. Working together to better the world, one small step at a time.

    https://squareup.com/

  • Background

    In February 2009, Jim McKelvey wasn’t able to sell a piece of his glass art because he couldn’t accept a credit card as payment. Even though a majority of payments has moved to plastic cards, accepting payments from cards is still difficult, requiring long applications, expensive hardware, and an overly complex experience. Square was born a few days later right next to the old San Francisco US Mint.

    Today the Square team is focused on bringing immediacy, transparency, and approachability to the world of payments: an inherently social interaction each of us participates in daily. We’re starting with a limited beta and rolling out to everyone in early 2010.

    Square is backed by Khosla Ventures and a team of angels.

    Square, Inc. has offices in San Francisco (Product & Engineering), Saint Louis (Operations), and New York City (Risk & Partnerships). Join us.

    Square is:

    Buzz Andersen, Robert Andersen, Jack Dorsey, Chris Kampmeier, Paul McKellar, Jim McKelvey, Tristan O’Tierney, Matt Peterson, Randy Reddig, Cameron Walters and Sam Wen.

    Jack Dorsey is looking to revolutionize another core aspect of society: money.

    Dorsey, the founder of Twitter, has announced that his new start-up, Square, has developed a way for anyone with a cellphone or iPod to become a merchant and accept credit card payments.
    Square is a small plastic device that plugs into a gadget’s headphone jack. Buyers swipe their credit cards through the device, which then transmits the payment data to an application running on a connected iPhone or iPod Touch. (Android and Blackberry apps are in development, and computer software will be available later.)

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