Background

In February 2009, Jim McKelvey wasn't able to sell a piece of his 
glass art because he couldn't accept a credit card as payment. Even 
though a majority of payments has moved to plastic cards, accepting 
payments from cards is still difficult, requiring long applications, 
expensive hardware, and an overly complex experience. Square was born 
a few days later right next to the old San Francisco US Mint.

https://squareup.com/intro

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