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Jack Dorsey is accustomed to dealing in small. In 2006, he co-founded social media sensation Twitter, which traffics in content bites that are no more than 140 characters in length. He left his position as CEO a year ago (and remains chairman) and is now focusing on his newest endeavor: mobile payments. He came up with the idea for his new company, Square, a year ago and hopes it will revolutionize how money is exchanged.

The first product that Square is bringing to market lives up to its name: it's a small cube-shaped credit card terminal that can plug into an iPhone's headset jack. The problem that the device is intended to solve is the swift and easy transaction of credit card payments for anyone. It was inspired by the plight of Dorsey's friend, Jim McKelvey, a glass artist who lost a $2,000 sale because he couldn't accept credit card payments.

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Could Mobile Payment Become a Common, Easy Reality? originally appeared on BloggingStocks on Wed, 30 Dec 2009 10:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>aaplandroidAppleApple iPhoneAppleIphonecraigslistcredit cardcredit card processing stockscredit cardseBaygooggooglegoogle androidGoogleAndroidinthenewsiphoneitouchmobile paymentmobile paymentspaymentpaymentspaypalsocial mediaSocialMediatwitterverifoneWed, 30 Dec 2009 10:40:00 EST<![CDATA[Charged up over Visa]]>http://www.bloggingstocks.com/2009/04/13/charged-up-over-visa-v/http://www.bloggingstocks.com/2009/04/13/charged-up-over-visa-v/http://www.bloggingstocks.com/2009/04/13/charged-up-over-visa-v/#commentsFiled under: , , ,

In his The Ticker Tape Digest, technician Leo Fasciocco looks for stocks that have broken out of basing patterns; his latest breakout stock is credit card processing firm Visa (NYSE: V).

"Visa manages a group of global payment card brands. It licenses them to financial institutions that issue cards to their customers. The company maintains the largest card service in the world with annual revenue of $6.5 billion.

"The stock soared after it came public. It peaked at 90 and then was swept lower with the bear market. The stock has put in what seems to be a good bottom. The key is for it to kick in an up trend. That is quite possible now, but not a given.

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Charged up over Visa originally appeared on BloggingStocks on Mon, 13 Apr 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>banking stocksBankingStocksbreakout stocksBreakoutStockscredit card processing stockscredit cardsCreditCardsfinancial stocksleo fascioccotechnical stocksthestockadvisors.comticker tape digestTickerTapeDigestvvisaMon, 13 Apr 2009 15:20:00 EST