Wednesday, Mar 09, 2011
This week, leading mobile payment provider VeriFone launched a blistering attack on upstart competitor Square, saying that Square's free magnetic stripe reader represents a serious security risk because anyone could use it to steal a person's credit card number.
This video attempts to demonstrate why this argument is stupid:
The only smart thing VeriFone did was to host their attack on a single-use domain, 'sq-skim.com', to help prevent people from googlebombing the bastards.
If you like it, please share it.
Hi, I'm Kevin Fox.
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