Square Processing $11 Million Per Day

Square the mobile payments company has announced that it is now processing $11 million USD in payments each day. This is an increase of $7 million per day based on numbers from July this year.

“We haven’t defined a lot of how people are going to use them.” – “We don’t want to make Square all about taxi cabs,” – “And we don’t want to make Twitter all about celebrities and politicians.”

The company was created by Jack Dorsey who was also the co-founder of the popular Twitter. More of the comments from Jack can be found over on Techcrunch which goes over how Twitter and Square are similar companies.

Via: Geeky Gadgets

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