Credit Cards? PayPal vs Square vs Local Bank - Surprising Personal Study Results

Recent court cases have changed the rules on allowing you to charge a service fee for using a credit card.

http://business.time.com/2013/01/25/a-4-surcharge-for-using-a-credit-card-legal-but-not-likely

And then...there is this:

http://news.yahoo.com/blogs/oddnews/woman-charged--787-33-for-two-mile-cab-ride-202344033.html

Note near the bottom of this article regarding how Square is viewed.

bill_smith said:

And then...there is this:

http://news.yahoo.com/blogs/oddnews/woman-charged--787-33-for-two-mile-cab-ride-202344033.html

Note near the bottom of this article regarding how Square is viewed.

Click to expand...

It is viewed as an un-approved device, because the cabs have standard devices. Would you go into a SuperMarket, have the cashier say their credit card machine is down, but here use my square and hand over your card?

The point that the article was showing at the end, is that a consumer protection group doesn't view it as safe to use....for a consumer.

I do not care if anyone else uses it. I think it's user beware. I feel that there ae too many other safe ways to get paid than risk an over the air possibly hackable connection.

Your mileage may vary.

Wow. What an interesting article.