One big difference is that Square isn't taking a buck fifty off the top, no fees at all to transfer money. As I mentioned earlier on twitter, they are probably eating the transaction costs to encourage people to sign up and put in their banking info so that the square network grows.

I'm curious, what phone do you have? I'm seeing slowdowns like this on my iPhone 4, I'll give turning off iCloud a try. Thanks.

EASA

Wait wait wait, I wonder what kind of degree this guy had?

The Oatmeal explains "literally"

If Apple was seriously interested in this company's tech, they'd have purchased the company and not a couple of units. I'd say a much more reasonable explanation is that Apple has has a Human Factors Engineering lab where they'd like to track where people are looking when using their products, so they can better place things like menus, icons, and buttons.