It was announced on Wednesday by Square that the company’s iPhone credit card reader is already made available. The company’s CEO Jack Dorsey said that the credit card reader, which costs $9.95, is now available in all of the 235 Apple Store locations in the USA. It is also available online. The Square iPhone credit card reader is also supported by the iPad and iPod touch. Square iPhone credit card reader is a mobile payment solution that enables business owners to charge their customers for products and services quickly as long as there is a device that runs on iOS. MasterCard, Visa, American Express, and Discover cards are accepted by the Square iPhone credit card reader. Square take 2.75% cut in every swipe. Those who will signup for Square online will be sent the first reader free of charge.