Square Mobile Credit Card Reader App Makes a Great Simple Money Launderer

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This article just SCREAMS of easy BUY and accepts interest later and other tags of payments later! "How can I pick your pocket"; “It also screams of fake and copy credit cards and other such adventures". I worry...... every day, of living a normal and daily life and suddenly my credit score be gone, my money be gone and the government is slow in following this negative dramas of my own life, I sink into a negative nightmare of hopelessness and manipulation without a heaven. And I am just a regular guy, working for a living, middle class or lower and I am screwed and hopeless in all directions. " I am SCREWED by AUTOMATIC, COMPUTEROTICS AND HACKING AND I JUST END UP DIEING, FIGHTING TO DEFEND MYSELF AS A GOOD PERSON< BUT HOPELESSLY OVERWHELM BY NEGATIVE DATA BY A COMPUTER. THE HACKER AND THE COMPUTER WINS!

"Meanwhile, they have since learned the company is planning to release new dongles that encrypt data — which they currently do not"
The above encryption will not solve anything.
The easiest way would be to clone a card.
Cash is still relevant especially for small transactions.
Not to mention that cash will not fail in case of power outages.

Awesome app i must say,This Square mobile credit card reader app is great software for iphone and ipad,and it is user friendly also.This app can make money transaction much more easier.Thank you for sharing this great info with us.

God Bless!!

Nice hack, but there's a few problems to face:

credit companies identify fraudulent transactions pretty quick, and even if they don't they will just charge the merchant back if they don't have the customers approval.
Most credit cards visa and mastered have new rules in the near future merchant need to have a credit chip reader.

There have been algorithms around for some time now that would automatically generate card numbers, having just the credit card number won't get you too far now days.

Dumb. I use Square's app for processing AMEX cards for an on-line e-store. All info for a transaction can be entered on-screen. No dongle required, at least under Android. Why go through the trouble of encoding numbers into tones?

The systems seems very secured so far. but in the hands of crimes, it can be a "God sent". As usual common governed everything...

isis-phones.com

Isis Phones - NFC Enable MobileMoney Payment

creditcardshelplines.com

Credit Cards help online

Wow it's good! Iphone is the best!!!!

Is it really such an inconvenience for people to carry a regular freakin' credit card on them? Seriously. This just isn't worth the risk.

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Anyone thought about Portal when they read Aperture Labs?

@kherzhul: I immediatly started humming "Still Alive" and wondering if it was a plot by GLaD0S

this is a great example of how hacking is so great. portal ftw!

to mars or bust!

I realized this the second I first used a Square reader. There's not even any need for a special app with a special wire; if you have a good-quality microphone headset, it'll work just as well. The app can't tell if the thing plugged in is a headset or a Square dongle.

I even came up with an interesting method of releasing people's credit card info online this way.

1) While swiping the card through your Square dongle, open up the iOS Voice Recorder app first. Swipe and save, tell the customer the app crashed and you just need to swipe it again; then open Square and process the transaction normally.

2) At your leisure, plug your jailbroken iOS device into your computer and use iPhone Browser or the like to find that recording file. Load it into any decent audio editor (say Audacity) and overlay a music track on top of it and save this new file.

3) In your audio editor, load the same music file sans the card data and invert it. Distribute the inverted music and the music-overlayed card data in separate torrents.

4) Anyone who downloads these can simply overlay them on each other and get the original card data back, and playing that into a mic with the Square app running will trick the app into thinking you've swiped that person's card. Now EVERYONE can take money from the one person.

Just sayin', it's certainly doable and seriously dangerous.

-IMP

@Kerzuhl
I thought I was the only one who noticed. Btw, have you seen my companion cube? I left it somewhere in the vicinity of an incinerator... :(
-Spouting a fountain of nonsense since 1995-