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A comment on Squareup. Parent comment

Re:Squareup by jfarmer on Tuesday December 01, 2009 @02:59PM (#970582)
There are regulatory barriers and I'm sure the audio coupler technology they're using is patent-pending.
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Re:Squareup by vaksel on Tuesday December 01, 2009 @03:06PM (#970604)
why would someone involved in credit card fraud care about regulatory barriers and patents? These will be the same people who sneak into ATMs, and modify the readers.

This will basically just eliminate all the risk.

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Re:Squareup by jfarmer on Tuesday December 01, 2009 @06:25PM (#971066)
Oh, apologies. I misread your comment.
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Re:Squareup by grandalf on Tuesday December 01, 2009 @05:28PM (#970946)
Why wouldn't it just work to use the camera and do OCR on the front of the card... seems like the little gizmo is way overkill for something fairly simple.
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