Wednesday, December 23, 2009

Twitter Vet Jack Dorsey on Why Square is What's Next in Payments



PYMNTS.com published an interview with Jack Dorsey regarding his "Square" this morning.



When buzz began bubbling up around Square about a month ago, the industry took notice. Many charged that was due mainly in part because the driving force behind Square was the co-founder of Twitter, Jack Dorsey. Many industry insiders, like MagTek CEO Mimi Hart, raised security concerns around where the consumer's data was encrypted.



PYMNTS.com asked "Paying with Plastic" author and industry expert David S. Evans to speak with Dorsey about why Square is "what's next" in payments.



Continue Reading at PYMNTS.com







Press Release: Mom is a Merchant?



PYMNTS.com Exclusive Interview with Twitter Vet Jack Dorsey on Square



BOSTON--(BUSINESS WIRE)--PYMNTS.com just published an interview with Twitter Co-Founder, Jack Dorsey on his recent launch of Square. Dorsey highlighted that the device is just a small component of what Square is about. He and his “Square-mates” want to redesign the payments experience and innovate the process of establishing merchant accounts.



The full interview can be found here, http://www.pymnts.com/twitter-vet-jack-dorsey-on-why-square-is-what-s-next-in-payments/.



PYMNTS.com is a joint venture between Business Wire, a Berkshire Hathaway Company, and Market Platform Dynamics. It provides a platform for industry professionals to share content related to their latest company and product developments, to tap into the collective commentary and analysis from experts, bloggers and industry pundits, and to interact with industry thought leaders on topics of critical importance to the future of the sector.



For information on PYMNTS.com contact info@PYMNTS.com. You can also follow PYMNTS.com on Twitter at http://twitter.com/PYMNTS and join the PYMNTS Linked In group.



About Market Platform Dynamics (MPD):



MPD is a management consulting firm that ignites catalyst businesses by leveraging new technologies, business models and pricing strategies. MPD has a wealth of experience within industries that are characterized by complex platform-centered ecosystems, including payments, mobile/telecoms, digital and advertising-supported media, and software-based businesses.



MPD works with both incumbents and new entrants, offering a unique lens into the dynamics that shape the competitive playing field. In addition to traditional consulting-based services, MPD’s Catalyst Ventures provides intellectual and human capital to new firms. MPD’s experts include economists, econometricians, product development specialists, and strategic marketers who apply cutting-edge business theory and statistical methods to the practical problems of building and growing a profitable catalyst business. MPD is headquartered in Cambridge, MA, and has offices in London and Hong Kong.



For more information visit www.marketplatforms.com.



About Business Wire



Business Wire, a Berkshire Hathaway company, is utilized by tens of thousands of member companies and organizations worldwide to functionally enhance and communicate investor relations and public relations content to target audiences. As a recognized disclosure service in the United States, Canada and a dozen European countries, Business Wire facilitates the simultaneous flow of market-moving press releases from corporations to financial markets and their audiences, including regulatory authorities, media, investors, financial information systems and consumer news services. Business Wire also handles XBRL tagging, document formatting and regulatory filing into EDGAR, SEDAR, FSA and other systems.



Founded in 1961, Business Wire has dual headquarters in San Francisco and New York, with 30 bureaus in cities including Los Angeles, Chicago, Boston, Miami, Paris, Frankfurt, London, Brussels, Tokyo, Toronto and Sydney and reciprocal offices throughout the world. Business Wire's patented NX data platform supports XML, XHTML and XBRL code that enhances news release interactivity, social media sharing and search engine optimization. More information about Business Wire and its services is located on its website at www.BusinessWire.com.

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