accept-payments

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]