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(USA Today)   The device that allows you to discreetly put hookers and blow on your credit card is quietly moving into Paypal's online payment turf   (usatoday.com) divider line 21
    More: Spiffy, Paypal, buggers, Emarketer, payments  
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3752 clicks; posted to Geek » on 19 Oct 2013 at 1:17 PM (25 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



21 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2013-10-19 12:15:08 PM
This is relevant to my interests and dividends.
 
2013-10-19 12:54:15 PM
If anyone wants to test this, EIP.

You should probably test sending really large amounts of money to see just how well it works.
 
2013-10-19 01:07:47 PM
Hurray for newsvertisements!
 
2013-10-19 01:40:17 PM
Online payments company Square has launched a new service that lets users send cash by simply firing off an email.

Even more of a reason to have a secure email password (and to avoid using this company). Square seems like they are just trying to make it easier for people to get your money.
 
2013-10-19 01:42:30 PM
Cash transactions is the only thing the NSA can't  follow
 
2013-10-19 01:50:04 PM
So if someone hacks into your email account, they get freedom to vacuum out your checking. Nifty!

Square isn't to be trusted anyway. I opened a Square account last October for a sales trip. It took two months to get them to forward the money they took from my customers.

They literally have no telephone customer service - they do not talk to customers on the phone. Every number gets you to voice mail, which tells you to contact them through their web site.

Square's only communication is by email, and it takes a day or more to get a response.
 
2013-10-19 02:05:40 PM
img2u.info
Hookers will just keep using this. It's simple, easy, and when used with a smart phone inserted in her ass, she can swipe the card right down between her cheeks, which is, really, just cool.
 
2013-10-19 02:42:13 PM
7 comments in and it's already Luddite City.
And here I was, just wondering why the astronomy articles don't get more than 15-20 comments anymore.
 
2013-10-19 03:34:04 PM
As a customer I really like Square Wallet. No more fussing with small change when ordering an espresso at a cafe. Too bad there isn't a way to cut the credit card companies out of the transaction entirely, though.
 
2013-10-19 03:45:45 PM

jaytkay: So if someone hacks into your email account, they get freedom to vacuum out your checking. Nifty!

Square isn't to be trusted anyway. I opened a Square account last October for a sales trip. It took two months to get them to forward the money they took from my customers.

They literally have no telephone customer service - they do not talk to customers on the phone. Every number gets you to voice mail, which tells you to contact them through their web site.

Square's only communication is by email, and it takes a day or more to get a response.


Not a shill here but I had exactly the opposite. I used Square for a booth I had at a vintage/antique mall last year. I used the square for all my CC transactions. I never had a problem and I got my money within 2-3 days max. Most of the time I'd have it Monday or Tuesday for my weekend transactions.
 
2013-10-19 04:46:19 PM
Aren't most of those "hoops" there to satisfy RICO statutes and what not?
 
2013-10-19 04:50:01 PM
Yeah, I use PayPal Here, myself. I have a Square device, but they require being tied to a legitimate bank account, and I don't use brick & mortar banks; I use prepaid card accounts and PayPal. Traditional banks suck.

And PayPal Here works great, by the way. PayPal does require being tied to a credit card (my prepaid works just fine), but doesn't require a bank account (at least not for old-school Premium account holders). I've been on PayPal for a long time.. Since the beginning, really... and while I don't love all their policies, I think the worst ones have to do with what eBay did since taking over. Either way, I only use them to take credit card and online payments, usually. I wouldn't direct deposit into PayPal unless I had no other choice.

Oh, and unlike the Square, I get my money immediately. As I understand it, the Square takes time to transfer to your bank.
 
2013-10-19 05:01:57 PM

ZeroCorpse: Yeah, I use PayPal Here, myself. I have a Square device, but they require being tied to a legitimate bank account, and I don't use brick & mortar banks; I use prepaid card accounts and PayPal. Traditional banks suck.

And PayPal Here works great, by the way. PayPal does require being tied to a credit card (my prepaid works just fine), but doesn't require a bank account (at least not for old-school Premium account holders). I've been on PayPal for a long time.. Since the beginning, really... and while I don't love all their policies, I think the worst ones have to do with what eBay did since taking over. Either way, I only use them to take credit card and online payments, usually. I wouldn't direct deposit into PayPal unless I had no other choice.

Oh, and unlike the Square, I get my money immediately. As I understand it, the Square takes time to transfer to your bank.


you can use a credit union.
 
2013-10-19 06:09:14 PM

Token Anarchist: ZeroCorpse: Yeah, I use PayPal Here, myself. I have a Square device, but they require being tied to a legitimate bank account, and I don't use brick & mortar banks; I use prepaid card accounts and PayPal. Traditional banks suck.

And PayPal Here works great, by the way. PayPal does require being tied to a credit card (my prepaid works just fine), but doesn't require a bank account (at least not for old-school Premium account holders). I've been on PayPal for a long time.. Since the beginning, really... and while I don't love all their policies, I think the worst ones have to do with what eBay did since taking over. Either way, I only use them to take credit card and online payments, usually. I wouldn't direct deposit into PayPal unless I had no other choice.

Oh, and unlike the Square, I get my money immediately. As I understand it, the Square takes time to transfer to your bank.

you can use a credit union.


But that's socialism!

\uses a credit union and it is great comrade
 
2013-10-19 06:32:13 PM
There is no, repeat NO way to discreetly put an illicit charge on your credit card. A minimum of three people know about every transaction: you, the seller, and your bank. These things are just a way for the seller to discreetly accept payment.
 
2013-10-19 08:02:16 PM
GOOD

/Grumpycat.jpg
 
2013-10-20 05:21:44 AM

HotWingAgenda: There is no, repeat NO way to discreetly put an illicit charge on your credit card. A minimum of three people know about every transaction: you, the seller, and your bank. These things are just a way for the seller to discreetly accept payment.


So campaign fraud?
 
2013-10-20 12:29:44 PM
there are more and more non-PP payment options springing up all over. A inconvenient store chain in the northeast uses a system where you sign up for a card to swipe when paying gas, and it will take the sale directly out of your checking - and you get 10 cents off a gallon.  You absolutely get a confirmation email about an hour after the tranny, and so far it works like a charm..

Note how they went to the trouble of making phone apps for it, even though it really is superfluous...just send a damn email!

This bears watching....
 
2013-10-20 03:03:19 PM

HempHead: Cash transactions is the only thing the NSA can't  follow


Not true. You know those embedded strips inside the dollar bills? The government has satellites up in a geosynchronous orbit that can receive the radio waves they emit and use that to track the location of every bill on the planet. So everytime you cram a buck in a stripper's g-string, the NSA knows about it.
 
2013-10-20 04:16:46 PM

ZeroCorpse: Yeah, I use PayPal Here, myself. I have a Square device, but they require being tied to a legitimate bank account, and I don't use brick & mortar banks; I use prepaid card accounts and PayPal. Traditional banks suck.

And PayPal Here works great, by the way. PayPal does require being tied to a credit card (my prepaid works just fine), but doesn't require a bank account (at least not for old-school Premium account holders). I've been on PayPal for a long time.. Since the beginning, really... and while I don't love all their policies, I think the worst ones have to do with what eBay did since taking over. Either way, I only use them to take credit card and online payments, usually. I wouldn't direct deposit into PayPal unless I had no other choice.

Oh, and unlike the Square, I get my money immediately. As I understand it, the Square takes time to transfer to your bank.


If you process more than $10k through the account they IRS report and will require your SS# to continue the account.

Which is not a problem for me, I don't lie to the IRS (I really don't, they scare me). But I know people who prefer greendot and giftcards as more under the table-y which sounds nicer I guess than tax fraud.

I've never used Square and dunno anything about them so good to see info here.
 
2013-10-20 08:20:28 PM
square takes too long to put the money in your account.
it will never take paypal's place. i use my paypal account like a second bank account. i have a debit card and spend the money that way and have access to it instantly. with square not so much.
the paypal here scanner also charges less.
 
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