Wednesday, March 9, 2011

Letter from Verifone CEO regarding Mobile Device Credit Card Fraud

March 9, 2011  Today is a wake-up call to consumers and the payments industry. Last year, a start-up named Square introduced a credit card reader for smartphones with the goal of making it very easy for anyone to accept credit cards through a mobile device. Seems like a great idea, but there is a serious security flaw that Square has overlooked that places consumers in dire risk.

Click here to read more