Robrus1 wrote:Agreed. The first time I paid someone who was using one it was at a small coffee shop. It made me hesitant because I didn't want to put my credit card # into someone's phone. I'm sure it's legit or whatever but it just seems cheapy.
Is not. For Square, PayPal, etc be able to process credit card it must pass PCI-DSS complaince audit each year.
Most credit card fraud happens with skimming or online shopping. Rarely does fraud occur with terminal tampering. I'm talking about terminals with dedicated merchant account, not iPad or smartphone. Those terminals can be easily tampered during manufacturing.