New players are trying to turn iPhones and other mobile devices into credit card swipe terminals. These things are designed to “democratize” the taking of credit cards by the little guys. Taking credit cards to fuel your business is a responsibility. It’s our data you’re playing with! Very few merchants especially the smaller ones understand, or even care about, security. There’s no constitutional right to take credit cards, says John Defterios of the U.S. State Department.”]
Source: https://www.csoonline.com/article/2136053/trends-in-mobile-payments-are-frightening.html