Why Square could be one of the greatest Trojan Horses in recent tech history

With that title I was hoping to read a good conspiracy story about Square running some form of malware stealing users' data: I'm disappointed.<p>Change the title. Or make up a malware story to go with the tone of the title.

This article is mostly nonsense.<p>I've said it before and I'll say it again: the card infrastructure is too old. Unless Square plans to replace it from end to end, it won't be going very far and will likely end up as a large acquisition for Visa.<p>See <a href="http://www.quora.com/Aaron-Greenspan/Paying-With-Your-Phone-Is-Awesome-Because-Its-Not-1960-Anymore-In-Reply-To-Farhad-Manjoos-Paying-With-Your" rel="nofollow">http://www.quora.com/Aaron-Greenspan/Paying-With-Your-Phone-...</a>.

No it will never be a major player. It is neither necessary nor enough to have cheap POS to run small business.