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Articles tagged with: debit

Does Square App Have New Competition?

NFC, or near field communications, is a technology that has features to let you do touch-less transactions. You can make the transaction is various places and you can also make payments, transport payments, programs, coupons, and even information exchange.Many of the major smartphone platform providers BlackBerryand Android are members of the NFC Forum,” the Forum’s Arnold pointed out.

“We look forward to their contributions as we continue to develop specifications to move the technology forward and to ensure that NFC is globally interoperable.”

Is Square Going To Replace Cash Registers?

Most of you already know about the amazing Square app. The app is so easy to access transactions right from your mobile device; all you need is the little square gadget connected to your phone. Any one that owns a iPhone, iPad, or Android can use it.
Now Square is giving more opportunities fro big merchants as well as small companies to use their easy and convenient servicesToday Dorsey is revealing the Square Register, a replacement to current old-school cash registers. The company is taking the new device a step further with the new Square Card Case, which is a way for customers to access local merchants goods and products.

Visa And Square Partner Up To Buff Up Security

Since Visa’s investment with the mobile payment company, Square, we see that the two have announced a new version of the Square dongle that adds encryption and enhances security. Square has received much criticism in the past from Verifone, claiming that Square’s system is insecure and outdated.

Although Square has denied these allegations (who wouldn’t deny such allegations?), the company has introduced a new version of the Square reader that employs encryption, hinting that perhaps they did agree that security needed to be enhanced. Of course all this comes after Sony’s PlayStation Network gets hacked, is down for seven days, and has personal information of 70 million members stolen.