Ever use Square? Square's the mobile credit card payment service founded a few years back by Twitter creator Jack Dorsey. It's widely been hailed as the future of money, and it's easy to see why—Square lets you pay for any service with a credit card by simply swiping your card on a little box that attaches to an iPhone.
People have joked before that transactions with prostitutes might be a natural fit for Square. How many times do you have $500 in cash on hand—or really wanted to have that much money on hand?
Well, it's happening. CNN has the details.
Basically, Silicon Valley has seen an uptick in prostitution lately as more and more money rolls into the region. And since the Valley is ground zero for any and all new technologies, tech-savvy escorts now allow credit card payments through Square. The prostitutes label the sessions "consulting services." Of course they do.