Jack Dorsey, founder and former CEO of twitter, today published the website of his new startup Squareup. Honestly, I believe that this has a potential of becoming the next paypal of real life. Obviously there’s a great hype about the whole thing, because it’s Dorsey – the founder of Twitter – and not some jerk.
The theoratical idea is mesmerizing; enabling evey seller, no matter how small a safe and secure (we’ll see about that) way of handling plastic payments. Square’ups module is available for any mobile device with an ordinary headphone jack – that’s potentially a huge market. Watch the video interview with Dorsey and wait a little bit to see the dongle in live action.
