Daily Dashboard

Remote Payments Plan May Compromise Privacy

PERSONAL PRIVACY—U.S.

August 10, 2012

Marketplace reports on plans by Starbucks to use a payment system that will allow customers to pay for their items remotely. The company has announced it will use the Square payment system for credit and debit card transactions, which will allow consumers to pay using card readers attached to phones. One of Square’s apps allows customers to pay via a GPS system without having to present the phone. The convenience may present a compromise on user privacy, the report states.
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