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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.

Continue reading Could Mobile Payment Become a Common, Easy Reality?

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[MasterCard remains a premier brand]]>http://www.bloggingstocks.com/2009/04/13/mastercard-remains-a-premiere-brand/http://www.bloggingstocks.com/2009/04/13/mastercard-remains-a-premiere-brand/http://www.bloggingstocks.com/2009/04/13/mastercard-remains-a-premiere-brand/#commentsFiled under: ,

Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and a competitive advantage in established markets, preferably with a favorable, global trend as a support. And this in mind, MasterCard (NYSE: MA) is worth a review.

The market sell-off and tumult of 2008 spared almost no stocks, and MasterCard took a beating, as well, with investors driving shares down to the $120-range from $320.

Continue reading MasterCard remains a premier brand

MasterCard remains a premier brand originally appeared on BloggingStocks on Mon, 13 Apr 2009 07:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>electronic transactionsinthenewspaymentsMon, 13 Apr 2009 07:00:00 EST