It's unlikely you missed the big brouhaha between San Francisco-based startup Square and VeriFone, a payment processing services provider.
VeriFone accused Square of not being secure and being easily hackable. Dorsey denied. This weeks dust-up makes me wonder if VeriFone quite understands its own business.
Source:
http://gigaom.com/2011/03/11/are-you-ready-for-the-new-peer-to-peer-economy/
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