
Twitter's co-founder outlined plans to make cash registers a thing of the past on Thursday as he held a global launch for new software that he said would help small businesses grow.
Jack Dorsey, who is chairman of Twitter and chief executive of the mobile payments company Square, said the software would allow shopkeepers to track sales and provide digital receipts.
"We think it's a great replacement to any cash register," Dorsey said at a Financial Times conference in London.
"It means we're now a global company," he said.
The software, Square Register, was only available in Canada, Japan and the United States, where it tracked around four million sales a day.
It can now be downloaded for free everywhere else and supports 130 currencies, although it will not allow actual payments for the moment.
The company offered testimonials from businesses in Australia, Hungary, Mexico, Philippines and Vietnam and Dorsey said many had already begun using the software by getting around national controls.
Square teamed up with the smartphone app Snapchat earlier this week for a service that allows users in the United States to send money to friends by simply typing dollar amounts into new "Snapcash" messages.
GMT 19:38 2018 Saturday ,13 January
Facebook joins Europol talks to fight Islamist propagandaGMT 10:23 2018 Wednesday ,03 January
Launch of bird collision avoidance system will save lives, moneyGMT 18:36 2018 Monday ,01 January
WhatsApp messaging service returns after global outageGMT 16:56 2017 Wednesday ,27 December
Hamilton apologises for criticising dress-wearing nephewGMT 19:06 2017 Tuesday ,26 December
Six Arab Instagram stars get their very own three-part reality showGMT 17:46 2017 Monday ,25 December
China shuts down more than 13,000 websites in past three yearsGMT 09:50 2017 Monday ,25 December
Artist 'released' in China after Liu Xiaobo tributeGMT 08:56 2017 Monday ,25 December
Where's Santa? US-Canadian military command tracking St Nick
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor