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.
A bit of a setback today for mobile payments and specifically iZettle -- the startup modelled as a kind of "European Square" for merchants to take card payments on their phones. The company today had to shut off accepting Visa cards... 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