The creation of Square by twitter founder Jack Dorsey was genius in my opinion. Square
is a mobile payments technology that can revolutionize the way small business owners and vendors can accept payments. What square does is provide a tiny mobile card reader that plugs into any cell phone in order to be able to swipe a credit card. The card readers are provided for free.
Square was an innovation but now they have to make room for the competitors and Paypal is one of them. Paypal has unveiled their new mobile card reader called the “Paypal Here”. Not only can you swipe credit cards but with the Paypal Here app you are able to accept checks and also can process cards without the card reader. It also gives you the ability to instantly send a customer an invoice instantly to their e-mail.
Square charges 2.75% per transaction whereas PayPal Here charges a lower rate at 2.7%. I am all for any technology that can help benefit small business owners. I am sure there will be more innovations coming in the future as far as mobile payment technology is concerned.






Google and Face book. Although I know that Face book makes a huge amount of money with their ads, I was surprised to read that their revenue from display ads is greater than that of Google’s. I guess know that I think about it there are display ads everywhere you go on Face book.