Square iPhone credit card reader now available in Apple Store for $9.95

On Wednesday, Square’s CEO Jack Dorsey announced that the firm’s iPhone credit card reader — also supported by the iPad and iPod touch — is now available in all 235 U.S. Apple Store locations, and online, for $9.95. The mobile payment solution allows business owners to quickly charge for products and services wherever they have an iOS device and a data connection. Square accepts Visa, MasterCard, American Express, and Discover cards, and the company takes a 2.75% cut of every swipe. If you sign up for Square service online, Square says it will send you the first reader for free.

[Via IntoMobile]

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Tags: american express, credit, credit card, Discover, iOS, iPad, iPhone, ipod touch, Jack Dorsey, Mastercard, mobile, Mobile payments, small business, Square, Visa