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Square enables smartphone users to process credit card transactions remotely

Mobile payment system Square can be hacked, claims researchers

Two researchers attending the Black Hat security conference yesterday in Las Vegas have demonstrated a simple hacking technique that could allow unscrupulous individuals to purchase items using the mobile payment system Square and stolen credit card data. With this technique, would-be hackers could use stolen credit card data to withdraw funds without the need to be in possession of the physical credit card.
Facebook commerce

Shopping technology fears and how to get over them [Infographic]

TabJuice, a leader in social commerce, have created this nice infographic that illustrates initial shopping technology fears through the ages and how we overcame these. Fears over technologies like the credit card, online shopping and online banking as they emerged have largely subsided, only to be replaced by the next emerging shopping technology; social commerce.