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.
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I haven't used Square and I have only heard of it recently. Good thing the issue came up before I even planned to buy one. Thanks for the heads up!
ReplyDelete~Stefan
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