The report, focuses on the global Mobile Credit Card Reader market, and answers some of most critical questions stakeholders are currently facing across globe. PUNE, MAHARASHTRA, INDIA, April 18, 2018 /EINPresswire.com/ -- The Mobile Credit Card Reader Market to Grow steadily at a CAGR of +40% during the forecast period. Now World moving towards cash less currency, because many people go without cash, you need a mobile credit card reader to avoid losing out on customers carrying only cards. Investing in mobile processing is also a smart decision for traditional small business owners. Your customers are getting more tech enabled—and they may expect you to have the equipment to accept whatever’s in their wallet. Digital and mobile payments are increasingly gaining traction in the supply chain of consumer goods and services. A whole new world of possibilities opens up when personalized connections between customer and merchant are made available through mobile technologies … [Read more...] about Mobile Credit Card Reader Market CAGR of +40% by 2023: Competition Status, Emerging Trends, Growth Factors, Value Chain
Square credit card reader
Last Updated May 19, 2010 12:14 AM EDT About 15 years ago, a musician friend of mine asked me if I could recommend a good way to take credit card purchases on the go. That way she could easily take credit for t-shirt and CD sales at concerts. At the time, I didn't know of many practical solutions. If only she asked me today, I'd finally have a great option for her to consider. Square is a mobile credit card authorization system for iPhone, iPad, and Android -- with more devices to be supported later. To use the service, you get (for free) a small credit card reader that plugs into the phone's audio jack. Customers sign their name on the phone, and the transaction is authenticated for a fee of 2.75% plus 15 cents. If your business is mobile and you have been waiting for an easy way to take credit card payments on the go, definitely give Square a look. … [Read more...] about Accept Credit Card Payments from Your iPhone, iPad, or Android
Last Updated Mar 21, 2011 10:09 AM EDT Regular Business Hacks readers know of our fondness for the Square, a smartphone-powered gizmo that allows merchants to accept and process credit-card payments for next to nothing. We're so fond of it, in fact, that we named it one of the top business gadgets of 2010. So imagine our surprise when Verifone CEO Douglas Bergeron released an open letter -- and set up an entire Web site -- citing "a serious security flaw that Square has overlooked that places consumers in dire risk." What's the problem? According to Bergeron, the Square hardware (which plugs into your phone's headphone jack) is easily hacked, meaning criminals can "turn the device into a skimming machine in a matter of minutes." Scary, right? Well, yes, until you look at the facts:Verifone is a Square competitor, a Goliath to tiny upstart David. It would be one thing if Visa or MasterCard had raised concerns about Square security, but when a competitor does it, you can't help but … [Read more...] about The Square Credit-Card Reader Controversy: How Verifone’s Smear Campaign Went Bad
Last Updated May 2, 2011 11:39 AM EDT Back in March, credit card processing giant Verifone tried to put the smackdown on mobile-payment upstart Square, with the CEO of the former citing "serious security flaws" in Square's smartphone-savvy card reader. As you may recall, the smear campaign backfired bigtime. Verifone emerged looking like a big corporate bully, while Square CEO Jack Dorsey came across as classy and measured in a straightforward, informative open letter to customers and consumers. Game, set, match? Not quite. An unofficial Round Two kicked off last week when Square announced a forthcoming new version of its card reader. What's different this time around? New encryption-oriented security features -- exactly what Verifone faulted the device for lacking. Meanwhile, Dorsey's aforementioned letter has been taken down from Square's site. Is this an admission that Verifone was right? Not necessarily: Square's announcement came on the heels of Visa's new mobile acceptance best … [Read more...] about The Square Credit-Card Reader Controversy, Part 2: Did Verifone Win?
Every time you swipe your credit or debit card, whether it's at a gas station, supermarket or ATM, you're gambling with your money. Some thieves are capitalizing on outdated technology in your wallet, reports CBS News correspondent Anna Werner. If you think you protect your credit card information, talk to New York City's Cassandra Tang, who found that the card that was still in her wallet had somehow been used to take out $200 at an ATM across town she'd never been to. "We use our credit cards or debit cards or whatever every day and it's scary to know that my card could be compromised," Tang said. Her credit card company told CBS News she probably fell victim to card skimming, in which thieves got her information, then made a duplicate card complete with a new PIN number. Fraud expert Scott Schober said that is now common. A recent study showed someone falls victim to identity fraud every two seconds. Nearly 13 million Americans were affected last year alone, costing the U.S. about … [Read more...] about Outdated credit card tech costing U.S. billions