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New 'Square' Service Powers Peer-to-Peer Mobile Payments

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Disrespect

Dec 1, 2009, 6:58 PM

Damn this dudes are smart.

I can actually see this being used on a regular. Especially like small business users.

Example: Pizza delivery instead of giving your credit card over the phone they would just come with their company cell phone and just swiped the card as they hand you the pizza and you get your confirmation...

I think this is what this article is explaining.
Pizza deliver, perfect example!
...
This technology is a blessing and a curse. Nice that it is now available, but I forsee problems with identity theft / stolen cards. What if they put a Paypal button on the Square?
...
 
 
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