Now You can Also Accept Credit Card Using iPhone and iPad

April 17, 2011 — by Simon Ng1



Now You can Also Accept Credit Card Using iPhone and iPad

April 17, 2011 — by Simon Ng1

Remember the Square device that we covered some time ago? Square is a revolutionary device and service that easily turns your iPhone into a credit card payment system. By signing up an account with the company, you can simply plug a little plastic magnetic card reader into iPhone’s audio input jack and you’re ready to accept credit card payment with your iPhone. No merchant account is required. Best of all, you can accept credit card payment anywhere.

Now the Square credit card reader is available on Apple’s online store. According to Techcrunch, Apple will also sell the device in all its U.S. retail store this week.

The Square device comes in black or white and is available for US$9.95. It supports nearly all iOS devices including iPhone, iPad and iPod touch (4th generation). Unlike working with banks, you do not need to open a merchant account to accept credit card payment. To use the mobile payment service, other than purchasing the credit card reader, what you have to do is to sign up a free account on and download the free Square app. That’s it and you’re ready to process credit card payment.

Presently, the Square service is only available in U.S. and it only works with U.S.-issued credit cards including Visa, MasterCard, American Express, and Discover cards. The company doesn’t charge any monthly fee for the service. All you pay is 2.75% per transaction.

As mentioned by the COO of Square in January, the company was signing up 100,000 merchants per month. Clearly by working with Apple and selling the device through Apple store, we’ll see more merchants (and even individual) adopting this exciting technology. The company does not mention about the schedule for expanding the service to other countries but I really hope it’ll be available globally soon.

It’s very interesting how iPhone changes the world. Thanks Square. I, as an individual, have never thought of the possibility of accepting credit payment everywhere in such an easy way. If you haven’t heard of Square, remember to check out the videos to see it in action. Whether you’re business owner or selling your own service/product, do give Square a shot especially you’re looking for credit payment solution

Simon Ng

Founder, developer and chief blogger of

  • im american but live in europe off and on due to visa requirements etc but 8 months ago i got an EU passport through my folks and moved back here. this is the 1st time i have been able to stay longer than 6 mnths and was pretty much an idiot and spent all my money.

    my money btw was really my credit card so now im about 10 grand in debt.

    my folks own a restaurant in the states that is quite successful and i know i ll make the money back as i have the last 3 times – but the thought of me going back to their tiny city and missing summer in italy is making me sick.

    i do know however that if i get a job here now (which is impossible) i have to start from scratch to a) pay back the 10 grand and b) pay rent, etc i even moved to the uk 6 mnths ago to find a job and no luck even though i have perfect english, 14 yrs experience in the business and an EU passport.

    if i go home for 5 mnths i can pay off that debt and then go back to italy with some cash in sept, jsut needing a job to stay afloat.

    i dont really get along with my sister who lives at home and id be living there too to save $$ and im prety sure i ll have a nervous breakdown but it’s the financially smart thing to do at this stage right? (dont even tell me i ve been stupid up til now cos i know)

    i d buy a return ticket so would for sure go back in sept – just miss an awesome summer.