Coming Soon: The Square

Selling Merchandise at live venues is about to get a lot more convenient, thanks to a new iPhone application that allows users to swipe their credit cards through an attachment plugged into the iPhone’s jack. The application is called the Square and will be released sometime next year. Besides allowing fans who are not carrying cash to buy merchandise the Square will also streamline the accounting process by making all of the transactions available online. Customers can also print out receipts online.