Square iPhone app lets you charge credit cards on the go

A recently announced project codenamed Square is looking to remedy that as it will make use of a magentic-strip reader that plugs into the iPhone’s headphone port. All users of the app need to do is swipe the card, punch in the amount and have the customer sign right on the phone. After the transaction is complete it is geotagged and a receipt is sent via email.
There’s no word on when exactly this will hit the market but when it does it is sure to be very valuable to those who do selling on the go.
This was a guest post by Warren who normally blogs about cheap phones for DAP