They're disrupting cash register manufacturers, not card issuers.

jaxn · on May 23, 2011

They are still a long way from that.

sundae79 · on May 23, 2011

So does that mean for example starbucks will buy iphones and ipads and pay monthly fee for data plans and use iphone as their cash register?

daxelrod · on May 24, 2011

Starbucks already has wifi. Don't most payment processors use some sort of Internet connection these days?

chopsueyar · on May 24, 2011

I would hope they are connected via a network cable, not wifi.

khafra · on May 24, 2011

You hope the iPhone or iPad doing the payment processing with the Square device is connected via network cable? I'm afraid I have some disturbing news for you.

chopsueyar · on May 24, 2011

You hope the iPhone or iPad doing the payment processing with the Square device is connected via network cable?

No. I was replying to this...

Starbucks already has wifi. Don't most payment processors use some sort of Internet connection these days?

benatkin · on May 24, 2011

I think some, but not all, will pay data plans. Square doesn't require a data plan, as evidenced by it being compatible with the iPod Touch, which has no radio:

> Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 4.0 or later.

http://itunes.apple.com/us/app/square/id335393788?mt=8

chopsueyar · on May 24, 2011

Ipod touch has wifi.