Square, the much-hyped mobile credit card processing system created by Twitter co-founder Jack Dorsey has a big problem: it doesn’t work with the iPhone4.
In a blog post buried deep in the support section of Square’s website, the company acknowledges that the Square card reader interferes with the already problematic iPhone4 antenna.
“This renders our card readers inactive for your iPhone4,” the company wrote on October 9. “We are working on redesigning our card readers and will be contacting our iPhone4 users as soon as they are ready for shipment.”
Update: Square has clearly been scrambling for a fix for awhile now. The day after this post was published, they emailed to say that, “As of today, we have shipped new card readers to to active users who are accessing Square via an iPhone 4.” Read more