Twitter co-founder and mobile payment platform pioneer Jack Dorsey announced over the weekend that Square is now processing close to a whopping $11 million a day in mobile payments. Not bad for a company that was only processing $4 million in mobile payments daily last July.
Dorsey made the announcement at the Techonomy conference in Tucson, Arizona.
Dorsey revealed at the conference his belief that Square’s success and rapid growth are rooted in the same fundamental factors that make Twitter work.
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