Here’s one great way to make the lives of people easier and better. The Square iPhone Credit Card facility allows you to take credits card payments via your iPhone and has released a YouTube demo by Kevin Rose (Digg founder and inverter in Square).

The system looks very easy to use and even provides a map on the invoice to show customers where they purchased the goods.  Just to let you know, “Start accepting payment cards immediately with Square. No contracts, monthly fees, or hidden costs. Effortlessly manage all the money you take with an easy and intuitive interface. Read payment cards from any device with an audio input jack, including your mobile phone.

Accepting payments has never been faster or more convenient. As a payer, get your receipts sent to your email or mobile phone instantly and access them securely online. You can also use a text message to authorize every payment in real-time. Pay quickly, securely.

Create a Square payer account to speed up and secure every payment. With photo verification, Square users can visually confirm you are the card holder. Then Get real rewards.  Do well by doing good. Square will donate a penny of every transaction you take to a cause of your choice. Working together to better the world, one small step at a time” are the objectives of this clever system.