Square Shoots for Late Summer Rollout

After facing a series of startup hiccups, Square Inc.’s mobile payment system, which we previously covered, is finally slated for a late summer rollout, according to the Wall Street Journal.

Square, the brainchild of Twitter co-founder Jack Dorsey and artist Jim McKelvey, is a mobile app and dongle combo that allows users to receive credit and debit card payments on the go.

The company began testing its system with a small number of merchants in December, and had intended to host a general launch earlier this year.

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