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Table of Contents

Lead Story

Fraud, data breach concerns drive EMV support

News

Industry Update

Visa, MC allow merchant surcharging

CAPP provides FI security snapshot

ETA promotes Debit AID to assist EMV

NFC Forum SIGs map tech future

Square wins with Verizon, Angie's List

Federal court ruling may impact CFPB

Features

International charity with roots at home

Acquiring Kilimanjaro, an ISO adventure

Mobile marketing and remote mobile payments transform holiday shopping in 2012

Stephen Kiene
First Annapolis Consulting

Research Rundown

Meet The Expert: Biff Matthews

Selling Prepaid

Prepaid in Brief

Plastic Jungle pilots retail gift card exchange

Researcher makes argument against prepaid regulation

Views

Surveying the financial landscape in 2013

Brandes Elitch
CrossCheck Inc.

Education

Street SmartsSM:
Lessons from that first call

Jeff Fortney
Clearent LLC

Confidentiality: A refresher on ISO, MLS obligations

Adam Atlas
Attorney at Law

Sustaining the mPOS (r)evolution

Venkat Kalyanaraman and Sunil Rongala
MRL Posnet Private Ltd.

Small businesses need big data, too

Rick Berry
ABC Mobile Pay Inc.

Company Profile

Super G Funding LLC

New Products

Interactive multilane checkout

iSC Touch 480
Company: Ingenico Inc.

Advanced breach protection

Voltage Secure Stateless Tokenization
Voltage Security Inc.

Inspiration

Take one invigorating step

Departments

GS 10 Years Ago

Readers Speak

2013 events calendar

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

February 11, 2013  •  Issue 13:02:01

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Square wins with Verizon, Angie's List

A Jan. 31, 2013, Verizon Wireless blog post revealed that Verizon stores nationwide are selling the Square Inc. card reader. Verizon thus joined a growing number of national distributors for Square's mobile payment acceptance hardware.

Commonly called a dongle, the Square card reading device allows for the processing of mag stripe credit and debit card payments. Square charges 2.75 percent for swiped transactions and 3.5 percent plus 15 cents for manually keyed transactions. The technology is designed for both Android and iOS platforms.

Verizon is selling Square's card readers for $9.97. Customers receive a $10 credit to a Square account with their purchase, a deal similar to what other Square distributors offer. Starbucks Inc. began selling the Square card readers in its 7,000 U.S. stores late in 2012. Angie's List, a national consumer review service, reported Jan. 30, 2013, it will offer wireless Square payments as part of the services it offers to its 1.7 million paid subscribers through the Angie's List Business Center mobile app.

Verizon rejects Google Wallet

Verizon's decision to offer Square card readers to its customers comes as the company is denying Google Inc.'s mobile payment offering, Google Wallet, access to its phones. Attorney Jason Klimek filed a complaint against Verizon with the Federal Communications Commission in October 2012, alleging Verizon violated its network agreement with the FCC when it chose to disable or block the Google Wallet on Verizon devices.

Idalia Charles, a Verizon executive responsible for corporate relations in the northeastern United States, denied the company is blocking Google Wallet in a Nov. 29, 2012, letter to the FCC.

For additional news stories, please visit www.greensheet.com and click on "Read the Entire Story" in the center column below the latest news story excerpt. This will take you to the full text of that story, followed by all other news stories posted online.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | USAePay | Super G Capital LLC | Humboldt Merchant Services | Impact Paysystems | Electronic Merchant Systems