Jack Dorsey's Square IPO

[billyjoe]

Jack Dorsey of Twitter fame probably will IPO his Square (credit card reader attaches to cell phone) later this year. Retailers can save 2.05% off current charges per transaction for credit card paying customers. I think this will be big.

http://www.fastcompany.com/3017331/most-innovative-companies-2012/05square

----------------------billy

[mimo_100]

Jack Dorsey of Twitter fame probably will IPO his Square (credit card reader attaches to cell phone) later this year. Retailers can save 2.05% off current charges per transaction for credit card paying customers. I think this will be big.

http://www.fastcompany.com/3017331/most-innovative-companies-2012/05square

----------------------billy

I am on the board of a financial institution - we encourage our business customers to get a free square from their website - I have one but have never used it - it clearly will be a success until others catch up with the technology. Tim.

[Websman]

This should be an interesting to watch, and could be a profitable stock if it doesn't IPO at too high of a price.