Square talking to banks about possible 2014 IPO (no paywall)

I resubmitted from here [1] since the link was paywalled, but freely accessible from sfgate instead of sfchronicle.

[1] - https://news.ycombinator.com/item?id=6691034

> "Square, which makes credit card readers that plug into mobile devices."

Perhaps the worst explanation of Square's business model I have ever seen.