In February 2009, Jim McKelvey wasn’t able to sell a piece of his glass artbecause he couldn’t accept a credit card as payment. Even though a majority of payments has moved to plastic cards, accepting payments from cards is still difficult, requiring long applications, expensive hardware, and an overly complex experience. Square was born a few days later right next to the old San Francisco US Mint.
Today the Square team is focused on bringing immediacy, transparency, and approachability to the world of payments: an inherently social interaction each of us participates in daily. We’re starting with a limited beta and rolling out to everyone in early 2010.
Square is backed by Khosla Ventures and a team of angels.
Square, Inc. has offices in San Francisco (Product & Engineering), Saint Louis (Operations), and New York City (Risk & Partnerships). Join us.
Square is:
Buzz Andersen, Robert Andersen, Jack Dorsey, Chris Kampmeier,Paul McKellar, Jim McKelvey, Tristan O’Tierney, Matt Peterson, Randy Reddig,Cameron Walters and Sam Wen.
1 comment:
there is a FaceCash the mobile payment application. Tt will be available on iPhone, BlackBerry or Android phones. Then type in your bank account information, Social Security number, and driver’s licence number, and upload your picture. That’s it. You can now use your phone to make pretty much any in-person transaction, whether at a restaurant or at a grocery store — as long as the merchant has signed up for the service. To accept your payment, the merchant simply scans the FaceCash barcode on your phone with a scanner, and your picture will pop up on their computer screen — which helps them avoid fraud. They then approve your payment. Dead easy. And slick
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