Former Founder and CEO has developed an iPhone application powerful enough to make credit card transactions. Code named Squirrel, here's what TechCrunch revealed about the app:
It’s a service that allows anyone with an iPhone to become a merchant. Just like the wireless credit card swipers you see at certain shops and restaurants, you can carry around your iPhone and take payments. Apparently, the idea is that this will allow any individual to take credit card payments on a mobile device, kind of like what PayPal does for the web.
In other news, my BlackBerry has Google Maps :-/
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