This is something really cool , technology is evolving really fast
SquareUp looks like it could brighten up the currently dismal selection of credit card processing options for very small business.
The part about "Read payment cards from any device with an audio input jack, including your mobile phone" sounds pretty interesting to me.
The key feature though, is probably this: "Start accepting payment cards immediately with Square. No contracts, monthly fees, or hidden costs."
I'm going to keep an eye on these guys and see how they do.
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That's awesome, but it's sad to see that their site doesn't display good at all for me in Firefox 2.X. It's an outdated version indeed, but still the page could easily be improved.
If someon tries it, let us know how everything went!