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Square, a new mobile phone payment system founded by Twitter co-founder
Jack Dorsey, just launched its private beta today. Square will give
anybody the ability to accept payment cards without having to go through a costly credit card processing service. Instead, Square will give its users the ability to use their mobile phones, laptops or desktop computers to accept payment cards and swipe them with the help of a small dongle that will plug into the computer's or phone's audio jack.
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