According to various reports, and confirmed by CEO Jack Dorsey via Twitter, Square is coming to Taxi cabs in New York City.
Lauren Goode at AllThingsD reports that the NYC Taxi and Limousine Commission has approved a proposal to get Square in 30 cabs in a test set to begin in the coming weeks.
@jack
Jack DorseyI can’t wait to get back to NYC to use @Square in taxis! Favorite feature: swipe your card anytime during the trip instead of at the end.
2 hours ago via Twitter for iPhone · Reply · Retweet · Favorite · powered by @socialditto
In Decmber, Dorsey tweeted that over a million merchants were accepting credit cards with Square:
@jack
Jack DorseyJust as small businesses are growing with Square, we’re growing with them: Over 1 million merchants now accept credit cards via @Square. 79 days ago via Twitter for iPhone · Reply · Retweet · Favorite · powered by @socialditto
@jack
Jack DorseyTo put that in perspective: there are only 8 million merchants who accept credit cards in the US. @Square has added 1 million. 79 days ago via Twitter for iPhone · Reply · Retweet · Favorite · powered by @socialditto
Given the increasing popularity of Square in general, I wil be surprised if the test is not deemed a success and expanded. Presidential campaigns are even using it.