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Groupon eyes Square with national mobile payments launch

Groupon Payments, the daily-deals provider's answer to Square, is going nationwide.

The company announced on its blog yesterday that its merchants across the U.S. will now be able to sign up for Groupon Payments. Upon doing so, they'll be able to accept major credit cards by simply popping the Groupon card swipe accessory into an iPhone or iPod Touch and installing the associated iOS app. According to Groupon, payments processed through its service are deposited directly into merchant accounts overnight.

Groupon Payments users might find cheaper rates than they would with Square. The latter takes a flat … Read more

Does iPhone damage rate suggest bathroom confusion?

The budget is a big topic this presidential-campaign season, but I've come across a solution to our fiscal woes that doesn't get enough press -- dealing with all the dollars flushed down the toilet (sometimes literally) due to the scourge of dropped, soaked, and otherwise damaged iPhones.

According to gadget warranty outfit SquareTrade -- which also recently informed us of the most dangerous states to be an iPad or iPhone -- damaged iPhones have cost Americans $5.9 billion since their introduction in 2007.… Read more

Square perks up, now handles $8B in payments a year

Square is growing by leaps, bounds, and venti lattes.

The payment-processing company, which allows merchants to swipe cards with a device connected to mobile devices, today announced that it's now handling $8 billion in transactions every year. Just a year ago, that figure stood at over $1 billion, and earlier this year, Square CEO Jack Dorsey said the company was processing $4 billion in transactions per year.

That growth has meant far more revenue for Square. Although the company doesn't divulge its financials, it takes a fee of 2.75 percent for each card swipe through its service. … Read more

Hey, Times Square! I'm Google+. Please notice me

NEW YORK -- Google is the big cheese in online advertisement, but offline, the search company still has a few things to learn.

Last night, Google took to one of the many jumbo screens in Times Square to promote the upcoming biopic "Lincoln," as well as Google+ Hangout, the video-chat service.

Sadly for Google, not even Steven Spielberg, the director of "Lincoln" and America's premier storyteller, could get passers-by to take notice. After the trailer for "Lincoln" made its debut on Google+ online, Spielberg and actor Joseph Gordon-Levitt took part in a video … Read more

Square's Jack Dorsey to tech founders: Question everything

SAN FRANCISCO -- Square and Twitter founder Jack Dorsey said today that founders must be willing to accept new ideas -- which can come from anywhere -- if they want their companies to evolve and to keep disrupting existing industries.

Opening his keynote address at TechCrunch Disrupt here today, Dorsey noted that he didn't grow up wanting to be an entrepreneur. Now that he's helped start two of the most important companies in Silicon Valley, though, Dorsey said he wanted to share some of the lessons he's learned during his career, ideas that he clearly thinks can … Read more

Final Fantasy hits 25 this year, mega box set planned

Developer Square Enix announced today a mega box set celebrating the 25th anniversary of the legendary role-playing video game Final Fantasy. The 35,000 yen ($446) compilation, due December 18, costs a pretty penny, but it offers hundreds of hours of classic gameplay plus a few extra bonuses. … Read more

Square adds AT&T to list of card reader distributors

Square has added to its list of retail partnerships with the announcement today that AT&T will begin selling the Square Card Readers at its stores.

The mobile payments startup's credit card reader will be offered at 1,000 AT&T stores, making Square available at more than 20,000 retail locations in the U.S., including at Apple stores, Best Buy, FedEx Office, RadioShack, Target, Walgreens, and Wal-Mart.

"AT&T stores are a convenient retail destination for purchasing Square Card Readers, offering entrepreneurs the ability to purchase all of the devices they need to … Read more

Square outage squelches payments

Square was hit by an hour-long outage yesterday evening, stopping some payments being processed.

The outage caused problems for users of the startup's website, Squareup.com, as well as its mobile app, The Next Web reports.

Square spokesman Aaron Zamost told the publication:

"Some users experienced a connectivity issue late this evening, during which time our website was inaccessible and some payments could not be processed. The issue was quickly recognized by our engineering team and has been fixed. We're sorry for any inconvenience this may have caused and we're taking the appropriate steps to ensure … Read more

The 404 1112: Where we put a spell on you (podcast)

Leaked from today's 404 episode:

- Instagram 3.0 adds infinite scrolling, lets you plot on a Photo map.

- How to control which Instagram pics show up on your Photo Map.

- Hipstamatic lays off all but six employees.

- Hipstamatic becomes the first third-party app to officially post photos to Instagram.

- Buzzfeed invites you to rub Ryan Gosling. Learn the Moonwalk from MJ too, while you're at it.

- From a visual perspective, RubGifs still don't compare to cinemagraphs.

- Google US map shows regional stereotypes by autocompleting "Why is ____ so..."… Read more

Square offers nice round number with flat-fee plan

Square launched a flat-rate monthly fee today for small-business owners, turning the credit card industry on its head again.

Merchants who process up to $250,000 in customer payments per year using the card reader can pay a monthly rate of $275, instead of 2.75 percent per swipe, according to a press release from Square. The monthly fee includes the usual Square perks -- no additional fees and no contract.

Square -- known for its small, square card reader that can be plugged into mobile devices to create an instant credit card machine -- said it is "leveling … Read more