3 ms·
How do you or squareup solve the problem of the bad guy that clones the iphone app to steal PINs and uses a card skimmer as a 'reader'? This looks like a phish
by blub 16y ago
How do you or squareup solve the problem of the bad guy that clones the iphone app to steal PINs and uses a card skimmer as a 'reader'?
This looks like a phisher's dream to me.
- teaspoon 16y agoI think that's a problem for the cardholder, the card company, and most of all for the merchant who later takes a payment using the stolen card (and usually gets stuck with bill). Square doesn't bear the cost, and after all, what can any payment processor do to prevent scammers from mimicking their hardware and software?