Square Card Case Allows Payment Using Just iPhone & Your Name. But How?

Square made its name by offering a free card reader for iPhones and low cost (2.75%) credit card transaction fees. But, Square wants to make transactions even simpler and introduced the Card Case to make that happen

Dorsey’s Square tries to eliminate the card swipe by bringing back the tab (Fortune)

How all this actually works appears to be a bit of a mystery. There is an initial setup process that associates your credit with a specific retail outlet (say a cafe).

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