Which company, founded by Jack Dorsey, provides small business owners with aggregator services and iPhone-based credit card payments?

Which company, founded by Jack Dorsey, provides small business owners with aggregator services and iPhone-based credit card payments?

• A. Square
• B. Stripe
• C. PayPal Here
• D. SumUp

Answer: (A)

This question tests recognizing a payments company known for enabling small businesses to take credit cards with a simple mobile setup, and its founder who is a well-known tech entrepreneur. Square was founded by Jack Dorsey (alongside Jim McKelvey) to make card payments easy for anyone running a small business. Its hallmark early product was a small card reader that plugs into an iPhone, turning a phone into a mobile point-of-sale terminal. Over time, Square expanded into a broader payments ecosystem—aggregating various tools like invoicing, online payments, and business analytics—so merchants can manage payments and related services in one place. This combination—founder, mobile credit card payments, and a suite of portable, integrated services for small businesses—fits Square best. The other options come from different founders and focus areas: Stripe is online payments for developers, PayPal Here is PayPal’s card reader solution, and SumUp is another card-reader provider not linked to Dorsey.

This question tests recognizing a payments company known for enabling small businesses to take credit cards with a simple mobile setup, and its founder who is a well-known tech entrepreneur. Square was founded by Jack Dorsey (alongside Jim McKelvey) to make card payments easy for anyone running a small business. Its hallmark early product was a small card reader that plugs into an iPhone, turning a phone into a mobile point-of-sale terminal. Over time, Square expanded into a broader payments ecosystem—aggregating various tools like invoicing, online payments, and business analytics—so merchants can manage payments and related services in one place. This combination—founder, mobile credit card payments, and a suite of portable, integrated services for small businesses—fits Square best. The other options come from different founders and focus areas: Stripe is online payments for developers, PayPal Here is PayPal’s card reader solution, and SumUp is another card-reader provider not linked to Dorsey.