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Square CEO Jack Dorsey on how using mobile devices such as iPads will do away with the cash register and help businesses of all sizes.
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-- ahead of the competition on a day like today -- the Dow was down 251.
Points right now.
The competition and bringing mobile paid a consumer Smartphones still goes on doesn't matter what today's market is doing because tech -- square.
Is doing it all Shibani Joshi is that all things.
Let's talk about -- -- next guest is making shopping for your Smartphone a whole lot easier we -- easy and shopping put together right.
Yes absolutely Liz you know if you're -- -- -- -- -- you would be lucky to find yourself attached to one successful start up but our next guest.
Is it tax it to have the most successful and hottest start -- that everyone is talking about in Silicon Valley.
We're joined now by Jack Dorsey he is the CEO -- square and it chairman of -- Eric.
We're happy to have you on air I think that day so I wanna talk about a couple things that are in the news first -- last night.
And Google's Eric Schmidt got on stage and -- -- very new.
Google mobile wallet what do you feel what does it do to you when -- huge competitor like Google gets in tears.
Case I think it's really exciting because it validates a lot of what people want people want payments to be more personal people want.
And to be more accessible and that's exactly.
What we're focused on we're not focused on building a while we're focused on making sure that everyone can accept the form of payment.
In -- pockets so this starts new businesses if you wanna be a golf instructor if you wanna be a piano teacher you can immediately with -- take payments anywhere you are.
And you just recently crossed -- and three million payments today that totals.
A billion dollars in transactions -- your processing a year and what sort of next what's the next horizon for you -- you -- everybody trying to get into this industry.
We're really focused on the entire ecosystem of -- -- just last week we knew we released something called register.
Which we think does away with the cash should -- we know today it works on your iPad.
You put it on your Connor and it's a full point of sale solution so that anyone can go to an Apple Store.
By this -- get a free application except credit cards and it works flawlessly.
With with pairs coming up -- start.
What if your colleagues stick us dollar loses CEO of Twitter was just on the stage here and we heard him talk about an answer the question about whether or not Twitter is going to go public anytime soon.
He said we're focused on building a business we see -- go public -- it's a lot lots of excitement.
What do what do you make evolve -- and what are your plans as of this CEO square are.
I mean I think every company has its own -- and every company has its own path.
And all we're focused on right now at square is building the best products we can imagine.
And as we need more resources of those decisions come up but right now it's just not something we think about.
And also Twitter related all over the headlines right now representative Anthony Weiner saying that his Twitter account -- -- -- -- inappropriate.
Materials being passed along his Twitter feed.
You are the chairman of Twitter wrote what's going on what can you tell us about that -- Is the analysts haven't caught up on an even I just flew in for the conference -- -- be speaking very soon so.
I'm not sure there's a lot going on in Twitter that I haven't caught up on -- but I -- All right well something is certainly follow up body and I know you'll be catching up IE told me on that issue after we get out of here about -- to catch up on square.
A lot of involvement the a lot of things -- doing on the Twitter front as well we're very happy hat -- have you on this network again Jack -- -- -- for being with us.
