Square

Square launching new iPhone card reader this summer with encryption at read head

Square launching new iPhone card reader this summer with encryption at read head

Of all the iPhone credit card readers that are available for mobile card payments today, the one that is most visible is the Square card reader. This is the one you can get now in the Apple Store and then start taking credit card payments right from your smartphone. Square made a big announcement this week with credit card heavyweight Visa making a strategic investment in the company. Mobile payments on a device as popular as the iPhone is huge for Visa and will give the credit card company one more source of revenue.

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Square Reader lands in Apple Store (& they’ll pay you to buy it)

Square Reader lands in Apple Store (& they’ll pay you to buy it)

Mobile payments system Square may not be on VeriFone's Christmas card list, but it seems someone at Apple has a soft spot for the system. Square CEO Jack Dorsey has confirmed that, as of this week, the reader dongle will be available in all US Apple stores, priced at $9.95, as well as online.

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Square hits back at VeriFone: “not a fair or accurate claim”

Square hits back at VeriFone: “not a fair or accurate claim”

Mobile payment company Square has responded to VeriFone's security allegations yesterday, describing them as "not a fair or accurate claim." As we'd suggested, Square CEO Jack Dorsey points to how easy it is to "skim" the numbers from a credit card, whether using "an encrypted card reader, phone camera, or plain old pen and paper."

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VeriFone launches anti-Square security campaign [Video]

VeriFone launches anti-Square security campaign [Video]

VeriFone has been making headlines recently with its NFC plans and potential Groupon button, but it seems the payments expert is also hoping to solidify its place in the market by sinking its upstart competitors. The company has kicked off new campaign claiming mobile payments service Square suffers "a serious security flaw": because the Square credit card reader, which plugs into the headphone socket of your iPhone or iPad, doesn't encrypt the data from the card, a malicious third-party could write an unofficial app that illegally collects your details.

Video demo after the cut

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Square Dropping Transaction Fees To Ramp Up Volume

Square Dropping Transaction Fees To Ramp Up Volume

As if having an easy and convenient way to take credit card payments on the go for small businesses isn't good enough, it gets even better. Square, the company spearheading the mobile merchant movement, is now dropping its per transaction fee making its rates the lowest in the industry for small merchants who typically do less than $1000 a month in business. This move will cost Square in revenue, but the company believes it should boost their volume.

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Square: Aiming To Replace Receipts and Registers

Square: Aiming To Replace Receipts and Registers

The folks over at All Things Digital recently caught up with Jack Dorsey, the cofounder of Twitter and the CEO of Square--a company focused on advancing mobile payments. Square’s COO, Keith Rabois, demoed the amazingly simple and convenient device while Dorsey shared his thoughts on the future of accepting credit card payments and how Square intends to replace traditional registers and receipts.

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Square iPhone 4 reader redesigned after antenna issues

Square iPhone 4 reader redesigned after antenna issues

Square has updated its iPhone card-scanning dongle to suit the new iPhone 4, after it was discovered that the existing model wouldn't work with the most recent handset's antenna design.  The redesigned version removes the metal band around the Square reader's headphone plug, which had apparently been causing interference.

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Square Mobile Payments Opens to the US Thanks to the iPad

Square Mobile Payments Opens to the US Thanks to the iPad

Remember the Square mobile payments system? We've covered it a couple times, the most recent of which we were covering the official announcement of the product launching. The original launch was centered around the iPhone and the iPod Touch, and it was pretty memorable because of that dongle needed to process transactions. Well, the company has more good news to report today, which coincided with another company's, last we checked.

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