payments service

Square launches Cash, a peerpeer payments service that’s incredibly simple to use

Square officially took the wraps off its planned peer-to-peer payments service Square Cash today, and the results are quite impressive — it isn’t just creating a PayPal clone. It’s streamlined the transaction to a bare minimum of two elements: both the payer and payee connect with an email addres…

http://gigaom.com/2013/10/15/square-launches-cash-a-peer-to-peer-payments-service-thats-incredibly-simply-to-use/

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Wednesday, October 16th, 2013 digital No Comments

drag2share: Square Is Being Abused By New York Pedicabs Who Scam Tourists With $600 Rides

source: http://feedproxy.google.com/~r/businessinsider/~3/SbOL9umN4Iw/square-abuse-by-pedicab-drivers-2013-7

pedicab

Pedicab drivers in New York City are using mobile payments service Square to scam passengers, The New York Post reports.

They are reportedly adding on extra fees through the app, but not telling customers. Passengers only discover they’ve been ripped off once they look at their account statement much later.

Square’s credit card readers invite fraud because it lets people charge anything they want, NYC Pedicab Owners Association President Laramie Flick told The Post.

Just last month, a driver charged a couple of tourists $720 for a 20-minute ride from midtown to Greenwich Village using Square.


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Tuesday, July 23rd, 2013 news No Comments

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