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Square CEO Blasts VeriFone over Mobile Payment Security Allegations Mobile Marketing Watch

March 12, 2011

Square CEO Blasts VeriFone over Mobile Payment Security Allegations Mobile Marketing Watch.

The developing over war of words Jack Dorsey and Doug Bergeron is a troubling move.  Strategically, it costs Verifone nothing to suggest the risk.  It’s also a problem that can only be solved by Square implementing costly end-to-end encryption.

If they choose to employ a marketing strategy of superior security in mobile, that can be a meaningful position in the market similar to the way Verizon is the serious man’s wireless network no matter what AT&T, Sprint or T-Mobile do.

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From → Mobile Payments

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