Season 5, Ep. 12- Jim McKelvey and His Groundbreaking Innovation Stack
Better Innovation
00:00
The Square Reader - That's One Innovation
I didn't want to listen to Jack's solution. So I thought, well, I'll just go build my idea before Jack can figure out OCR on a card and he was going to have all sorts of trouble with that. And so, yeah, like probably eight days later, we had a working prototype with the hardware read. That's how the square reader came to be. But then we had to figure out all this other stuff, which was how to do a contract in a world where the typical contract was 40 pages of six point type. The electronic contract meant that we had to have different banking relationships. We had to do something called card present aggregation, which was to say
Transcript
Play full episode
