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Wednesday, July 30, 2014

Square getting an EMV chip update for more secure mobile credit card payments






The little card reader that launched a mobile payments revolution — Square — today unveiled a new version of their card reader that is designed to work with the EMV chipped credit cards. EMV credit cards are a mainstay around the world and just starting to make headway in the United States (including a fraud liability deadline for businessses coming up in October 2015), and the new version of Square supports EMV in addition to the old-school magnetic swipe strip.























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