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Mobile Credit Card Readers Quiz
by Staff
Small businesses that don’t work out of a brick-and-mortar location, along with individuals who sell products and services on the side, are taking advantage of the convenience of mobile credit card readers. How much do you know about them?

Which of the following mobile credit card readers is the brainchild of Jack Dorsey and Jim McKelvey?

  • the GoPayment
  • the Square
  • the PAYware mobile reader

Which company was the first to come out with a mobile credit card reader that was NFC-enabled?

  • Intuit
  • VeriFone
  • Erply

At the 2011 Black Hat security conference, which mobile credit card reader did hackers use to demonstrate how to take advantage of its lack of encryption?

  • the Square
  • the GoPayment
  • the PAYware mobile reader

Credit card transactions aren’t free for merchants. What kind of fees do mobile credit card services charge?

  • per-transaction fees
  • monthly fees
  • both of the above

What's the name for the process of converting credit card information into unreadable data to send it over a network safely?

  • encoding
  • encryption
  • ciphering

Which mobile credit card reader allows you to track payments with QuickBooks accounting software?

  • the Square
  • the GoPayment
  • the iDynamo

Which company is behind the PAYware mobile reader?

  • MagTek
  • ROAMData
  • VeriFone

Which of the following services does not require a merchant account?

  • VeriFone PAYware
  • Intuit GoPayment
  • Square

What's the name for theft of credit card information, usually by means of a scanning device?

  • skimming
  • sweeping
  • grazing

VeriFone’s CEO accused which company of not using encryption for its credit card reader?

  • Intuit
  • Square
  • MagTek