Twitter Founder Pushes Square’s Payment Device Into Wal-Mart Soon

http://www.bloomberg.com/news/2011-10-24/twitter-founder-pushes-square-s-payment-device-into-wal-mart.html

Square Inc., the mobile payments company created by Twitter Inc. co-founder Jack Dorsey, said its credit-card reader for smartphones will be available in Wal-Mart Stores Inc. (WMT)’s locations nationwide, boosting the number of retail outlets where it is sold to more than 9,000.

The reader, which lets businesses handle payments via mobile devices, was previously available in about 200 Apple stores, as well as Target Corp. (TGT), RadioShack Corp. (RSH) and Best Buy Co. outlets.