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How Square Revolutionized Payments with a Ten Dollar Dongle
In 2009, Square launched a tiny white card reader that plugged into the iPhone headphone jack, charging a flat 2.75% per swipe. This episode dives into the key decisions that made Square a small business essential: the audio jack innovation, the transparent pricing, and how transaction data led to Square Capital. Hosts Lucas and Luna explore why that simple hardware hack disrupted the payments industry and what founders can learn about removing friction from their product.
#Square #BlockInc #JackDorsey #Payments #Fintech #Startup #BusinessPodcast #StartupStories #FexingoBusiness #Business…
The skinny
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