A comment on innovation, growth and disruption in changing markets

Cogentum Blog

Do you take cards? Sure do

February 12th, 2010 · No Comments

Have you ever wondered how easy it would be if you could pay with your credit card anywhere, at any time?

Hmmm, nice idea, but the problem has always been a lack of terminals. After all, not many garage sales have their own EFTPOS terminal, right?

WRONG! Silicon Valley based start up firm Square have busted this right open with their breathtakingly simply payment system that, wait for it, plugs into your IPHONE!!!!!

Check it out at http://ow.ly/16vSF

We think this is possibly one of the most disruptive pieces of technology we have seen for some time. This has the potential to change the way we transact right across the economy.

Nice!

Tags: Financial services · Innovation theory

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