XRBS Blog

Years back a friend of mine closed his computer support franchise because he was losing money. One reason he was losing money was that the franchise business used engineer contractors to service his clients. He lost money when he sent a contractor to a client, the engineer fixed the problem, took cash for payment; which the engineer pocketed, then marked the service call as closed with no service.  Common with any service industry is the "disappearing cash transaction".  Now  a new technology is coming to market may prevent this problem in the future with minimal investment for the business. 

Square, a startup by Twitter founder Jack Dorsey, and others allows for any cell phone or pda to become a credit card transaction machine.  Now, by requiring credit/debit/check for all service calls and you can make stealing from you more difficult. You now have a processing system that doesn't require investments in wired machines, is mobile, and it does not lock you into a specific Telephone company service. Here is great links on the device.  https://squareup.com/about 
http://gigaom.com/2009/12/01/jack-dorsey-on-square-why-it-is-disruptive/