Square Begins Sending Free Card Readers for Mobile Payments

I read this yesterday and the comments sections suggested that this device could actually be used to skim. Hope I'm not using the term skim incorrectly. Basically this device could be used for scams, and this isn't the first of its kind to hit the scene.

I will be able pay for another lapdance without having to leave the private room and use the ATM. I will be able to buy & sell stuff through craigslist with a Credit/Debit Card, thus removing the risk of getting my money jacked by the seller. Best of all, I won't have to worry about having the cash to buy drugs. I can put it on credit!

BTW if you haven't realized yet, I think this is a terrible idea.