Kevin Rose Demoing Square, iPhone Payment System

A couple of weeks ago we told you that this year, the iPhone will transform itself into a credit card reader. One of the products that will help this process evolving, is Square – a twitter-flavored product. The man behind the project is Jack Dorsey, co-creator of  Twitter. This is a major game-changer and, here is Kevin Rose demonstrating how the device works. Square is still in beta stages…