Square CEO Jack Dorsey calls accusations of credit-card skimming devices inaccurate and unfair. Dorsey: “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” Dorsey’s message did not mention VeriFone by name, but noted that the concerns raised by its rival were misplaced. Square is a mobile payment service startup that aims to enable anyone, including street vendors, taxi drivers, to easily accept credit card transactions.”]
Source: https://www.csoonline.com/article/2127648/square-ceo-rebuts-verifone-s-claims-about-security.html