Credit Card Processing for the iPhone

A brilliant idea! Now you can quickly and easily accept credit cards from your iPhone. All you need is the card reader, and you are ready to go. Squareup.com provides these reader free of charge (at least for now) and simply charge $.50 and 3% per swipe. Not the cheapest in the world, but about the same price as PayPal. I hope I get into the beta test soon. I can’t wait to try it out.

3 Responses to “Credit Card Processing for the iPhone”

  1. ladyfox says:

    That is pretty cool. I hope you get to try it out too. Handy when I need to pay you for something…

  2. Conchita Malzahn says:

    The modern credit card was the successor of a variety of merchant credit schemes. It was first used in the 1940s, in the United States, specifically to sell fuel to a growing number of automobile owners. In 1938 several companies started to accept each other’s cards. Western Union had begun issuing charge cards to its frequent customers in 1921. Some charge cards were printed on paper card stock, but were easily counterfeited.^.

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