Square Payment System to launch on iPhone, iPad and Android this week?

Wow, that's pretty cool - my friend is a locksmith and this would help him out a lot, get instant approval right there on the spot instead of writing down the info and then finding out later that the card was declined, lol

Yeah toe truck drivers and cab drivers will benefit too

I have been using Sage's Payment Boss (http://www.paymentboss.com) which is also a mobile payment solution. It calculates taxes, emails receipts, and supports multiple currencies. The key difference between Square and Payment Boss is the integration with an invoicing software. With Payment Boss, I am able to track who paid for what product/service for which sales amount. This is all tracked in their free online invoicing software Billing Boss (http://www.billingboss.com). I've used merchant accounts in the past, and my bank statement never provided information on where the credit card sales came from. To my knowledge, Square would be similar. Plus as Ostranderterry's friend experienced, I used to write down the customer's info, charge the card at home, then find out the card is declined. The Payment/Billing Boss integration gives me a full set of information which allows me to provide better understanding of my clients and their purchases. Plus, I automatically build a database of my client details, and have access to their contact details whenever I need to launch a marketing campaign or find their address while I'm on the road. The best part of the integration is that my accountant has access to all invoices I create and payments I receive. She just downloads the report, quickly upload all my data to her accounting software, and does the accounting for me. I don't have to worry about sending files to her. I personally think Square is a great app, and I was pretty excited when I saw the videos. However, for a business which needs end-to-end tracking, other solutions like Payment Boss may be more suitable. Full Disclosure: This author has been compensated by Sage. I am their Social Media Consultant but I was using their product well before Sage contracted me. They found me when I sent them an email praising them about Billing Boss!