A new device from a company called Square snaps into an iPhone and lets any user become a credit card authorizing entrepreneur, with no setup fees or contracts, writes New York Times technology columnist David Pogue. Square’s chief executive is Jack Dorsey, who co-founded Twitter, and his latest idea might change the nature of transactions the way the ATM machine changed how we do our banking. “There are actually some good reasons individuals don’t accept credit cards; the whole system is a nightmare of fees and red tape,” Pogue writes. “To become a credit card merchant, you have to buy...

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About the Author:

Laura Ascione

Laura Ascione is the Managing Editor, Content Services at eSchool Media. She is a graduate of the University of Maryland's prestigious Philip Merrill College of Journalism. When she isn't wrangling her two children, Laura enjoys running, photography, home improvement, and rooting for the Terps. Find Laura on Twitter: @eSN_Laura http://twitter.com/eSN_Laura