IN THE 2012 presidential campaign cycle, mobile payments could be the transformational technology.
On Monday, President Obama's re-election campaign announced that it would immediately begin using Square, a mobile payments start-up, with campaign staffers and some approved volunteers. The New York Times reports that, "Squares are being sent to our campaign offices across the country," said Katie Hogan, a spokeswoman for the Obama re-election.
An F.E.C. spokeswomen said the Square application would need to collect the name, address, city, state and ZIP code, and occupation and employer of the donor on a smartphone. All of this information, along with the date of the contribution, would be collected from a Square-enabled smartphone application.
Mitt Romney's campaign plans to announce a similar Republican-themed Square application on Tuesday that will allow campaign officials to collect donations on a smartphone.
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