It looks like a titanic legal struggle has been avoided. Mobile payments startup mPowa has responded to a cease-and-desist letter from Square by taking down a photo on its home page that Square said was swiped from its site.
You can read more the dispute in yesterday's post, but basically, Square's lawyers said it was "clear and obvious" that mPowa had copied Square's image.
Competition and activity continues to heat up in the mobile payments market. UK-based mPowa -- a mobile payments provider that, like Square and others, provides a dongle that merchants can attach to a mobile device to process card p... Read Post
In January 2013, Square, the mobile card payment service, received a cease and desist order from the state of Illinois over allegations that it violated its Transmitters of Money Act.... Keep reading ? Read Post