Tag: credit card processing

Eventbrite Adds “At The Door” Credit Card Ticket Sales Devices

by BrothaTech

Eventbrite transaction screen on iPad

Obviously, mobile credit card processing is where it’s at. Case in point, the online event promotions and ticket sales giant (for the rest of us) Eventbrite has announced their mobile “At The Door” devices that let users buy tickets to events, well, at the door.

Eventbrite is a quick, easy, and less expensive way than its more popular competitors *Cough Ticketmaster Cough* to promote and sell tickets to your event online. You can set up an event in minutes, promote your event across social media networks, and track sales numbers and other analytics. At any event, there are people who will ignore all your attempts to get them buy tickets in advance, and will walk up to the door the day of the event and ask “can I still buy tickets?”.  Read More

Square Register is the best Point of Sale for iPad

by Justin Alcon

Point of sale software on the iPad is nothing new, but it’s definitely worth a second look now that Square has released Square Register, their app for accepting both card and cash payments via your iPad.

The new Square Register should be ideal for a small business owner. Once you sign up for Square, you get a Square “Card Reader”, a little dongle that allows you to swipe credit cards. As long as you have a place to stash your cash, you can also take cash payments with just a tap of your touch screen. Read More

Charge Anywhere Provides Mobile Credit Card Processing for BlackBerry Devices

by BrothaTech

In other BlackBerry news…

The Charge Anywhere service has released a new version of its Audio Jack Card Reader that is compatible with BlackBerry smartphones to add to its arsenal of devices that already support iOS and Android devices. Similar to the Square credit card reader, the Charge Anywhere reader connects to a BlackBerry via the 3.5mm audio jack for easy access. Here are just some of the data BB users can capture with Charge Anywhere POS:

-Signature capture
-Invoice number
-Employee number
-Tips
-GPS location Read More

Square Adds Cash Register Integration to the iPad

by BrothaTech

Square is looking to replace your cash register…or is it?  The service that helps small businesses accept credit card payments via a smartphone or tablet, now offers the ability integrate a cash register and receipt printer in the mix.

That’s right, now you can use your iPad and the Square credit card reader to accept credit transactions as well as cater to those “cash-only” customers. Read More

Square Moves Towards Mobile Wallet Reality with Card Case

by BrothaTech

Square was one of the first companies to make mobile credit card payment processing simple and easy for small business owners via its credit card readers and complimentary mobile app. If you’re not familiar with Square, it’s a free device that turns your tablet computer or smartphone into a point-of-sale (POS) device. Just plug in the small, square reader into the headphone jack of your iPhone, iPad, Android phone or tablet and you’re taking credit card transactions at the low, flat fee of 2.75% per transaction.

Today, the Square team is making it easier for small businesses to accept payments via a mobile wallet that customers use to start a tab, receive their goods and pay without ever touching a credit card or wallet.

Card Case is a new venture by Square that essentially puts a mobile wallet on a consumer’s iPhone or Android smartphone that they can use at any Square-enabled business. Users can store credit card information for each business they frequent. Upon entering the business, users can enter their name, select their virtual card from the Card Case app, order their stuff, and Card Case takes care of the rest.

In addition to the mobile wallet app, Card Case also doubles as a directory that will help users find “Squared up” businesses and help small biz owners reach a larger, more technology-aware customer base. Once businesses and customers find each other, Card Case can also provide customers with a product list, food/product menu, or deals/promotions the business might be offering.

Finally, with Square functionality built into Card Case, receipts are automatically sent to the customer per the email address they added to Card Case. This means businesses that use Card Case can stop fumbling around with those receipt rolls in that POS device that always seem to get jammed at the height of “rush hour” business traffic.

Like it? Love it? Hate it? The fact of the matter is that the future of financial transactions my look something like the Card Case service that Square has devised. It’s only a matter of time before Card Case, NFC technology, and QR Codes make your smartphone the most important tool in your everyday life.

To find participating locations and more information on how to start using Card Case as a consumer or a business, get Squared Up and visit the Card Case website.

GoPayment NFC transactions Demoed at Google I/O Conference

by BrothaTech

This mobile transactions battle between Square, Intuit, and VeriFone is heating up! Looks as if Intuit just raised the stakes with the demonstration of its GoPayment mobile credit card processing application sporting new NFC (Near-Field Communication) technology that could set it apart from competitors in the market.

The current GoPayment system consists of a credit card reader that you plug into your smartphone’s headphone jack to swipe a customer’s credit card to complete a sale. Square and Verifone both have similar devices that you have to physically add to your phone for credit card swiping functionality.

GoPayment Reader
Sqaure Reader
Verifone Reader

Intuit’s GoPayment demonstration at this year’s Google I/O Conference shows NFC technology bring used to transfer credit card data via radio waves, eliminating the need for the actual card or any add-on card reader hardware. During a transaction, a user simply holds their smartphone (with their financial information stored on an accompanying mobile app) near a Point-of-Sale (POS) device or another smartphone that will read your credit card information and complete the sale. Thus making it easier and faster for customers to pay, and simpler for small business owners to get paid.

Innovation is happening rapidly in the mobile payment space and we want to be ready to help the millions of small businesses and consumers we serve benefit from the latest technology.

The mobile tech industry has been investing in the creation/evolution of the virtual wallet for quite sometime. Intuit, with this recent show of support in NFC and mobile credit card transactions, may have just fast-tracked itself to the front of the race. Look out for more mobile device manufacturers to start pumping out NFC-enabled gadgets like the Google Nexus S currently on the market (and what Intuit used for its demo) that can support this technology towards the end of 2011 and well into 2012.

[via: Business Wire]

Competition in Mobile Credit Card Processing Helps the Business Owner

by Shy Mukerjee

In a move that seems designed to take some of the wind out of Square’s sails (who just this week received an investment from Visa), Intuit’s GoPayment mobile credit card swiping service is dropping their per transaction fees.  The clear winner here is neither Square or Intuit, though, but the business owners and entrepreneurs who are using these devices.  Fees don’t affect consumers, but they do directly impact bottom lines.

Square Reader on Sale at Apple

by BrothaTech

This is pretty cool. In an attempt to make even more waves in the mobile credit card processing arena, Square has teamed up with Apple to sell the Square card reader online and in Apple retail stores. Previous to this announcement, the readers were only sent via snail-mail to users who went through the Square sign up and activate process. Now Square has some help from Apple to get the popular readers into small business owner’s hands.

The Readers are $9.95 and are also available in black. If you’re an early adopter like me and signed up as soon as they were being offered, you only had a choice of white. For those with a little more patience, you will be rewarded with your choice of white or black. Those of us who MUST have a black reader to match our Apple gadgets (God only knows when the white iPhone 4 will officially surface), you can still buy it at full price, but Square is offering customers a $10.00 transaction credit when a new Square account is activated. That’s only fair since original customers who signed up were issued a free reader.

All of same features still exist for new Square users who buy the reader at Apple:

  • Quick and easy sign-up
  • No complicated contracts or monthly fees
  • Simple pricing—2.75% per transaction
  • Free Square mobile App for Apple iOS and Android devices

If you’re a small business that won’t swipe enough credit cards to require a full merchant account, but want to offer your customers more ways to pay—march into your local Apple store, pick up a Square reader, sign-up, and get to swiping.

Square’s CEO responds to VeriFone’s Security Claims

by BrothaTech

Yesterday, I reported on VeriFone’s claims that Square’s free credit card reader’s inability to encrypt credit card information is a serious security issue that needed to be dealt with. It’s only fair that I also report Square’s response to those claims.

In a letter from Square’s CEO, Jack Dorsey, posted on the company’s website, he noted that the information encrypted on the black strip on the back of any credit card is similar to the information located on the front of the card in the sense that anybody who you has your credit card, has all the information needed to steal and use your card, regardless of the type of technology used.

Any technology—an encrypted card reader, phone camera, or plain old pen and paper—can be used to “skim” or copy numbers from a credit card. The waiter you hand your credit card to at a restaurant, for example, could easily steal your card details if he wanted to—no technology required. If you provide your credit card to someone who intends to steal from you, they already have everything they need: the information on the front of your card.

He also points out that if in fact your credit card information is stolen, banks will go through the customary practice of reversing any fraudulent charges. In other words, regardless of HOW your credit card information is illegally obtained (from a Square credit card reader, a VeriFone credit card processing machine, or any other POS device), the same rules apply to rectify the situation.

I think the issue with VeriFone is in the lengths they went to out Square’s alleged security issues. The fake Square skimming app, and the video tutorial went beyond informative and instead explained how to steal credit card information using a Square credit card reader. If there is a genuine security issue, more private and secure methods involving ALL parties could have been taken.

In the end, all of this brings up a valid point – with the accessibility, ease of use, and coolness that technology brings, you still have to be careful with who you entrust your information with…financial or otherwise. The same technology that makes our lives easier is the same technology that can become a hassle.

“Pray for the best, but expect the worst”

VeriFone Publicly Calls out Square Security Hole

by BrothaTech

Square is the popular start-up company that allows iPhone and Android users to process credit card transactions using their phone and a free credit card reader dongle that plugs into the phone’s headphone jack.

VeriFone, a leader in credit card transaction technology has a similar product (PayWare Mobile app), but Square’s minimalistic approach to its transactions (no merchant account needed, no credit check, AND a free credit card reader) has proved to be some serious competition for Verifone. I’m not sure if Verifone is generally concerned with the financial security of the consumers, or this is an outright attempt to squash the competition, but VeriFone’s CEO has just released an Open Letter, demonstration video, AND a free fake Square app that allegedly identifies and demonstrates a serious hole in Square’s ability to encrypt credit card information when swiping it through the free credit card reader.

http://www.youtube.com/watch?v=ObGQxSuORy0&feature=player_embedded

Whatever the reasoning, VeriFone is serious about this latest development and has called out Square and notified its credit card processing partners (Visa, MasterCard, American Express, and JP Morgan Chase). The Fake Square App released by Verifone can be downloaded by ANYONE to test this flaw for themselves.

To back VeriFone, if this is true, the possibilities for ANYONE with the Square reader, a decent card skimming application, and your trust can have your credit card information within a matter of seconds. THAT’S A PROBLEM, and could mean curtains for Square, let alone any legal implications if this particular issue goes mainstream.

To back Square, if VeriFone REALLY cared about the consumer’s credit card security, and not its revenue, would it have just given would-be crooks the keys, complete with an instruction manual and tutorial video to steal our credit card information? Additionally, card skimming is not a new trick and companies like VeriFone have been fighting for years, so it’s not solely a Square issue. In the end, it all boils down to customer common sense as it relates to who you hand over your credit card to.

/Rant off

Nonetheless, the implications are serious enough that it needs to be addressed, and so far, mums the word from Square. Hopefully the company’s representatives will respond and restore its customer’s sense of trust and security and continue to offer its products and services to individuals and small businesses who want accept credit card payments, while offering competition to larger credit card processing companies. Competition is always good for the consumer.

[via: Engadget]