Squirrel Away Your Cash: Twitter Creator’s iPhone Payment System

This image described by iPhone, Twitter, Square, credit card reader, Jack Dorsey, 3aug09_squareccr

Engadget is reporting that the Square iPhone Payment System — an app-plus-dongle solution which turns your smartphone into a handheld credit-card reader — may actually be the brainchild of the man who founded Twitter.

Turns out that, since May of this year, Jack Dorsey's been involved in a semi-secret project dubbed "Squirrel" — that turns out to be a Square-style iPhone cash register system. 

Furthermore, if you look at the screencap above, the SQUAREUP.COM domain shown belongs to a company based out of San Fransisco (Twitter's home town), and has a contact email address of…wait for it!…billing@paybysquirrel.com

Coincidence?  We say "nuts to that."  (Sorry!)

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