Philippe Matthews Show Guru Advice, Author Reviews, Tech Reviews, Entertainment News

A big chunk of change dropped into the mobile payments company’s lap this week when Kleiner Perkins signed on as an investor. Square's COO, Keith Rabois, tells us where the dough will go.

"Existing models don't go away until they are replaced by models that work better," PayPal's Anuj Nayar tells us. "The consumer needs to see the benefit beyond, 'This is just cool.'" When it came to the perhaps over-embellished headlines from Square's announcement yesterday--the end of the cash register as we know it!--PayPal spokesperson Anuj Nayar couldn't help but chuckle. After all, PayPal has been in the payments business roughly 12 years and boasts 98 million users

Dorsey and Square COO Keith Rabois talk to Fast Company about their unintentional, design-driven revolution, what it means for the cash register space, the deals space, and the future of buying ... everything