Making more money than with just your credit card transaction fees.
Closing its fourth round of funding, the mobile credit card processing company just raised $200 million, making it worth a staggeringly large $3.25 billion. The company, built by Jack Dorsey of Twitter fame, allows anyone with an iPhone, iPad, or other compatible mobile device, to accept credit cards. Square is widely seen as the industry leader in the mobile payment-with-a-dongle space (I just made that term up), as evidenced by other dongles released shortly thereafter by the likes of PayPal and Intuit, among others.
In what may come as no surprise, the COO of Square, Keith Rabois, is on record at All Things D, saying that the transition from current registers and point of sale devices (like ATM card-swiping devices) to iPads or other tablets will happen within the next year and a half. Square’s partnership with Starbucks is only the first of the steps being taken actively by Square to make this a self-fulfilling prophecy.
Yes, I’m reviewing another iPhone wallet case. But this is the last one on my pile of things to review — at least for now. Built by NutKase, this particular model is manufactured from thick leather that comes in black or red, and it boasts three card slots and a “hidden” cash pocket.
If you buy the black version, you get an elasticated band that keeps the wallet closed while its not in use; while the red version features a more elegant leather button clasp.
Both models come with a unique selling point that I’m yet to find in another wallet case: a built-in magnetic stand that allows you to elevate your device for FaceTime calls, typing with an external keyboard, or watching movies — wherever you may be.
You know your product is successful when somebody starts selling accessories for it. But what about when people start selling accessories for accessories, which work together with the original product? This happens: the New iPad Credit Card Dock, a perspex frame which holds both and iPad and a Square credit card reader.
I have a thing for iPhone wallet cases. The ability to carry my iPhone and my credit cards in one unit and leave my wallet at home really pleases me, and I’m disappointed when I have to use a case without this functionality.
When I stumbled across the Zenok leather wallet case on Etsy, I couldn’t wait to get my hands on it. This unique iPhone 4 and iPhone 4S case is made using a silicone shell that is stitched inside a handmade, leather wallet, which boasts three card slots, and a pocket for your cash.
Each Zenok case is dyed by hand and purposely built to be different and unique, which is why I’m yet to see another iPhone case like it. As you’d expect, it also provides access to all of your iPhone’s buttons and ports, as well as its camera.
It might be pretty and unique, then, but is it worth its $60 price tag?
The CASELLET is a snap-on case for the iPhone 4 and the iPhone 4S that also doubles as a wallet for your credit cards and bills. Unlike most other wallet cases, which are traditionally made from leather, this one’s made from a durable plastic that aims to provide you with better impact protection against dings and drops.
It will hold up to four credit cards on their own, or three credit cards and a few bills. It comes in black, white, or pink, and it’s complimented by a brushed aluminum backplate. As you’d expect, it provides access to your camera, volume rocker, mute switch, and more. The CASELLET is the spawn of a very successful Kickstarter project, but is it actually any good?
Geode replaces all your credit cards with one iPhone-controlled card
I never thought I’d get excited about boring credit cards, but Geode is an incredibly neat little kit which turns your iPhone into a payment system that can be used anywhere. And not some fancy NFC-style POS terminals, either. The Geode works anywhere you can use a regular credit card.
Paypal has finally made it into the mobile payment market after being beat to the punch by the likes of Square and Intuit. PayPal may be late to the party but they have a more recognizable name in the world of payment systems and that may just be enough to push them to the front of the line. Besides their name, they’re also offering merchants a 2.7% flat rate on transactions versus the 2.75% offered by Square. PayPal didn’t stop there either, launching a full on geometrical attack by choosing a triangle as the shape of choice for their card reader dongle.
BARCELONA, MOBILE WORLD CONGRESS 2012 — What if you could swipe your credit card and then — moments later — have the transaction details appear on your phone. Better still, what if all of your payments could be organized in a beautiful app, an app which could actually make managing your money fun. This service now exists for your iPhone, and it’s called Boku.
iPhone cases that allow you to leave your wallet at home by making room for your credit cards and cash are becoming increasingly popular. And because they’re popular, there’s a ton of them available. But nearly all of them have one thing in common: they’re made from leather (or a cheap leather lookalike material).
If you’re looking for something a little more robust, check out this Kickstarter project called the CASELLET.