Credit Card Reader+Service for iPhone

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plastik8
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Credit Card Reader+Service for iPhone

Post by plastik8 »

[youtube]QSzsFAJAKHI [/youtube]

I've read $1 for the hardware, app and service is free, 2.9% commission on all transactions...

I think it's cool and will be definitely grabbing one.
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wabbit
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Re: Credit Card Reader+Service for iPhone

Post by wabbit »

Neat idea just US atm.
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DexterPunk
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Re: Credit Card Reader+Service for iPhone

Post by DexterPunk »

Thats fantastic!! and brilliant for me if im working from home our out and about.. people can pay me on card with little hassle.

It needs everyone to become a member of square or whatever its called though. Hopefully it catches on.
schuey97
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Re: Credit Card Reader+Service for iPhone

Post by schuey97 »

DexterPunk wrote:Thats fantastic!! and brilliant for me if im working from home our out and about.. people can pay me on card with little hassle.

It needs everyone to become a member of square or whatever its called though. Hopefully it catches on.
Plus you need one of those stupid phones :p

Great idea though
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plastik8
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Re: Credit Card Reader+Service for iPhone

Post by plastik8 »

I think it doesn't require them to be a member? For their ID photo they would have to be a member obviously though.

Could I use this with my credit card, pay myself say $100, then deposit the $97.10 into my bank account, then withdraw cash? Beats the 19.99% instant interest my credit card has for cash withdrawls...
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DexterPunk
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Re: Credit Card Reader+Service for iPhone

Post by DexterPunk »

schuey97 wrote:
DexterPunk wrote:Thats fantastic!! and brilliant for me if im working from home our out and about.. people can pay me on card with little hassle.

It needs everyone to become a member of square or whatever its called though. Hopefully it catches on.
Plus you need one of those stupid phones :p

Great idea though
Ive got one of those stupid phones.... i love it! :lol:
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AstrO
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Re: Credit Card Reader+Service for iPhone

Post by AstrO »

I'd love to see this come to Android phones :nod:
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wobblysauce
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Re: Credit Card Reader+Service for iPhone

Post by wobblysauce »

haha .. just had a thought watching that .. with the card reader its a new way to steal the card details
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Re: Credit Card Reader+Service for iPhone

Post by nutty »

I have a feeling one day im going to be forced into getting a iphone
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Re: Credit Card Reader+Service for iPhone

Post by Robbo »

Wow!!
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Vilante
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Re: Credit Card Reader+Service for iPhone

Post by Vilante »

That's awesome!!!
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w00dsy
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Re: Credit Card Reader+Service for iPhone

Post by w00dsy »

very cool
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Re: Credit Card Reader+Service for iPhone

Post by Robbo »

After thinking more about this, I have a concern. If someone stole my credit card, what is to stop them from just taking my money using their mobile phone. I've tried to 'sign' with my finger and it looks nothing like my signature. I'd be more comfortable if it were a pin code system. Don't get me wrong, I think it is brilliant but I am concerned about theft and fraud.
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plastik8
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Re: Credit Card Reader+Service for iPhone

Post by plastik8 »

Robbo wrote:After thinking more about this, I have a concern. If someone stole my credit card, what is to stop them from just taking my money using their mobile phone. I've tried to 'sign' with my finger and it looks nothing like my signature. I'd be more comfortable if it were a pin code system. Don't get me wrong, I think it is brilliant but I am concerned about theft and fraud.
I guess this method, each transfer is logged with the company that provides the service. When you get your credit card bill, their name and the user's name will show on your bill. Thus it can be easily tracked.

Also, when someone steals your card, all they need is the number, name, expiry date and CV code and you're screwed. No swiping necessary.
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