credit card

Square credit card reader can be hacked into card skimmer

Square credit card reader can be hacked into card skimmer

As a credit card payment-related device, the Square Reader accessory for iOS has maintained a decent track record in not falling victim to malicious hacks. Unfortunately, that might be about to change. A group of security researchers have revealed how they were able to hack the Reader, which is used to turn iPads and iPhones into mobile point of sale terminals for merchants, making it capable of stealing credit card information from customers.

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Wocket Smart Wallet to start shipping pre-orders in May

Wocket Smart Wallet to start shipping pre-orders in May

Almost all mobile payment systems, perhaps except for Samsung, have one critical flaw. Most of them require the use of new NFC-enabled terminals to work. But what if you only have access to ye olde magnetic stripe PoS? What if you're stuck with old fashioned swiping systems but still want to benefit from the conveniences of the modern world. Enter Wocket, advertised to be the only wallet you'll ever need. Why? Because it can absorb all the cards you have in your wallet right now and even have spare room for physical cash.

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Apple Pay, Discover cards will work together this Fall

Apple Pay, Discover cards will work together this Fall

On launch, much of the attention paid to Apple Pay was in regard to which cards you could (or couldn’t) use with the mobile payment processing service. Discover was completely left out of the fracas, apparently waiting for the service and user base to ‘mature’. Now that Apple has shipped well over 75 million Apple Pay-ready devices and is taking the mobile payment landscape by storm, Discover will let their customers join in on the fun, all without losing any benefits Discover offers.

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Survey finds 45% of Americans have had credit cards stolen

Survey finds 45% of Americans have had credit cards stolen

Additional information right on the heels of the news about Staples' hacking reveals that 45% of Americans have experienced their credit card information being stolen. Not their physical card being lost or stolen, but card details being compromised as a result of the growing number of data breaches at various retailers this year. Office supply store Staples has just admitted to hackers making off with data from over 1 million cards, adding them to a list of companies to fall victim to cybercrime, including Target and Home Depot.

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Staples says 1 million cards fell victim to latest hack

Staples says 1 million cards fell victim to latest hack

Office goods retailer Staples recently saw themselves fall prey to hackers, much as Target, The Home Depot, and a laundry list of retailers ahead of them have. The company has now addressed the hack, saying that over one million unique cards were compromised. The hack also affected more than 100 point-of-sale systems at 1,400 stores. Staples didn’t say if the breach was nationwide, or if a specific geography was affected. The window for this hack was short, though, only lasting about a month.

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MasterCard goes hi-tech with Dynamics’ interactive cards

MasterCard goes hi-tech with Dynamics’ interactive cards

Although some merchants have started to incorporate the digital world into their cash flow via NFC technology, most of our cash-less transactions still use ye old magnetic stripe plastic cards. But while it might not be easily possible for merchants to upgrade on their end, that doesn't mean our cards can't be pushed forward. That is what MasterCard is trying to accomplish together with payment card developer Dynamics in this interactive payment card that has a display and buttons and can be programmed for multiple uses.

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Etsy Credit Card Reader released for your smartphone this Autumn

Etsy Credit Card Reader released for your smartphone this Autumn

The team behind Etsy's success know good and well there's quite a bit of money transferring hands between citizens of the Etsy community. Because of this - and because they want to continue to grow with great success - they've decided to get into the credit card business. Not creating credit cards, mind you, but reading them. In comes the "Sell on Etsy Reader" and Etsy Seller app, users will be able to sell their wares on the web and in real life with ease.

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Here’s what Apple Pay will look like

Here’s what Apple Pay will look like

With an iOS 8 update (yeah, another one) coming sometime soon, Apple Pay is set to make its debut. Believed to hit right around October 18 — like, the time OS X Yosemite rolls in — Apple Pay will let iPhone 6 and 6 Plus users pay for good with a tap of their phone. Training materials seem to have been leaked, and show us a bit more about how Apple Pay works, and what we can expect to see on our phones.

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iOS 8 will scan credit card info; no more punching numbers in

iOS 8 will scan credit card info; no more punching numbers in

You know that feeling — you get through several screens on a website that has something you want to buy, only to land on a page that wants all your gritty credit card details. You have to get your card out, painstakingly identify the rubbed out numbers on the card, and carefully enter them. One slip and you’re back to square one. In iOS 8, that scenario is going to be a lot easier with credit card scanning.

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