BizSugar.com › Products and Services › Twitter's Co founder Has Big Plans for Small Business

We all know of Twitter or have at least heard of it but you may not know that Twitter’s Co founder Jack Dorsey started up a company aimed to help small business find a simple way to take credit card payments. The company is called Square and the idea is simple, attach a tiny reader into your iPhone, Smartphone or iPad that reads the credit card info as the user slides it through and payment is taken. There are many small merchants that still do not take credit card payments or do not like the various fees associated with using them. The service actually has been in testing since fall 2010 and has processed over $66 million in transactions since in the first quarter of 2011.