Global cash register launched by Twitter

On global launch for new software, Jack Dorsey, Twitter's co-founder and chief executive of the mobile payments, outlined plans to make cash registers a thing of the past. The software would help small businesses grow. 

The software would help shopkeepers to track their sales and provide digital billing.

"We think it's a great replacement to any cash register," Dorsey said at a Financial Times conference in London.

"It

means we're now a global company," he said.

The software, Square Register, was only available in Canada, Japan and the United States but now it can be downloaded for free everywhere and supports 130 currencies. However, it will not allow actual payments for the moment.

The company offered testimonial from businesses in Australia, Hungary, Mexico, Philippines and Vietnam.

Square teamed up with the smartphone app Snapchat earlier this week for a service that allows users in the United States to send money to friends by simply typing dollar amounts into new "Snapcash" messages.