Square Credit Card Reader
Square, the well-funded startup that found itself on the winning end of a pissing context with VeriFone last month, because it refused to encrypt mobile payment transactions has now reversed course and embraced such encryption and Visa had made an unspecified investment in Square.The current reader theoretically scans credit card data to any app, but the encrypted version will only work with Square, which should alleviate VeriFone’s concern that the company was essentially distributing card skimmers to anyone with a social security number and the new encrypted reader will remain free…………..