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Are YOUR Credit Cards protected?

Annette 2012/02/03 21:17:56
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Obama Campaign Using Square Card Readers for FundraisingSquare
has finally made it to the big-time. The company, who aims to bring
credit card processing to anyone who wants it, thanks to a clever,
square contraption that plugs in to your smartphone, is now being used
by the Obama campaign for financing
.
http://www.fellowgeek.com/a-Obama-Campaign-Using-Square-Credi...

Mitt Romney has similar plans: http://www.pcmag.com/article2/0,2817,2399629,00.asp




Square was started by Jack Dorsey, of Paypal fame. The company
has rapidly been growing, thanks to its simple pricing for transactions
and clever use of smartphones and the internet. The company makes its
readers available to anyone who wants one (even I have one) and lets
anyone signed up process credit cards with the click of a few buttons.


Now
the company’s product has managed to find its way into the hands of
Obama campaigners, who are going to start using the devices rather than
more traditional credit card processing systems, which can be quite
costly and insecure.

This is a big win for the company, and a tech win
for Obama’s campaign. Regardless of what you think of him as a
president, his team knows how to weild technology to their advantage.



The Verge Photo by : Square







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  • Phyl *In God i Trust* 2012/02/05 00:27:39
    This is clearly a bad idea.
    Phyl *In God i Trust*
    +1
    Not a good idea.
  • Bozette 2012/02/03 23:43:21
    This is clearly a bad idea.
    Bozette
    +1
    I no longer use credit cards or atm cards. I rarely even use checks, most of my transactions are cash.
  • Annette Bozette 2012/02/06 13:26:48
    Annette
    +1
    That is your smartest move, Bozette.
  • Bozette Annette 2012/02/07 02:48:11
    Bozette
    +1
    Ty Annette, and for the informative posts.

    I actually take it a step further and I wish I could get people to see the importance of this. I shop mostly at locally owned small businesses. These people live, work and spend their dollars in my community. The more we keep within our own communities, the more we help ourselves and our neighbors as well as keeping it out of large corporations who spend a lot of money overseas.
  • Annie~Pro American~Pro Israel 2012/02/03 23:25:10 (edited)
    This is clearly a bad idea.
    Annie~Pro American~Pro Israel
    +1
    You're right, the Obama team sure knows how to use new technology for their agendas! Glad Romney has a similar idea, now if the other GOP candidates would snap to it, then that would be great as we need to even out that playing field as much as possible.
  • MAMMY51♥POTL~PWCM~JLA♥ 2012/02/03 22:08:42
    I think ....
    MAMMY51♥POTL~PWCM~JLA♥
    +2
    I NEVER use a credit card, for donations to ANYTHING. I always use cash or certified check.
  • Barefooted Nana ∞ijm♥∞AFCL 2012/02/03 21:25:42
    I already have my cards in a safe container.
    Barefooted Nana ∞ijm♥∞AFCL
    +4
    Ain't that nice. He probably has stock in the company and they are campaign contributors of his.
  • Annette Barefoo... 2012/02/03 21:26:19
    Annette
    +3
    We had better keep a close eye on the company - it may go bankrupt!
  • Barefoo... Annette 2012/02/03 21:27:41
    Barefooted Nana ∞ijm♥∞AFCL
    +3
    You know that sounded funny at first then I thought how true! Thanks Annette, great poll!
  • Annette Barefoo... 2012/02/03 21:51:53
    Annette
    +2
    There's any number of scenarios that could happen. Just best to play it safe, I think.
  • Barefoo... Annette 2012/02/03 21:53:13
    Barefooted Nana ∞ijm♥∞AFCL
    +2
    Exactly!

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