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Square iPhone Credit Card Payment System Will Be $1, All Inclusive

February 16, 2010

Remember the great "Square" payment system that will let pretty much anybody process credit card payments using their iPhone and a dongle?

Well, it's around the corner, and we just got some updates about the pricing. The app that makes it function will cost you just $1 and the dongle is included. The transaction fee is a very standard 2.9% and it works with any bank account.

I think it's incredible, check it out:

It's coming this summer, and I'm totally getting one.

[via iPhone Alley]

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