The “war” between VeriFone and Square continous. Now VeriFone has released a video and an app (was withdrawn quickly) to show users how easy it is to steal their credit card data using the Square dongle.
Read the article here.
I don’t beleive in external nor internal hardware to make mobile payment happen’. And tokens like Square’s credit card reader will never be accepted in Europe and Asia. Using the mobile “as is” with smart and very secure software and processes must be the winning formula.