T-Mobile bringing Square to small businesses
US wireless carrier giant T-Mobile is committing itself to helping small businesses by becoming the first wireless carrier to provide Square credit card readers as an accessory in select retail stores. By combining T-Mobile’s 4G smartphones and network with Square, small enterprises will be able to process credit card payments anywhere, at any time, with the money from each transaction deposited in the merchant’s account the following day. Matt Millen, vice president of T-Mobile small and medium business sales exclaims that “formerly ‘cash only’ small businesses can now cost effectively accept credit cards with their smartphone using Square, giving them easy path to growth.” In conjunction with Square, T-Mobile offers the 4GPro App Pack which helps mobile business people store and access documents, files and images through useful business apps such as DropBox, Evernote, TripIt, Camscanner and LinkedIn, which are preloaded on certain smart devices such as the Android based HTC Amaze 4G and the Samsung Galaxy SII.
Square’s founder (and Twitter co-founder) Jack Dorsey tweeted yesterday: “What do @BarckObama and @MittRomney have in common? Both are using @Square to raise funds for their campaigns.” Both parties are sending Square readers out to their campaign offices around the US so staff and volunteers can accept donations on the go via their mobile. Obama and Dorsey must have quite a special relationship these days, as Twitter also proved pivotal in the US President’s 2008 election campaign success.
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