The Pros And Cons Of The Square IPhone App

June 10, 2012 · Posted in Merchants · Comment 

Despite worries regarding the security of financial details that the Square iPhone app uses, it is becoming increasingly popular. This is because it is a simple and incredibly useful invention that utilizes the iPhone which is growing in popularity. With the advances in technology that are occurring everyday this app is likely to be used by many more people across the world.

One of the possible issues that causes the most concern for users is the risk that the app poses in relation to security and fraud. As it is so quick and easy to use this means that if it were stolen it could easily be used by the thief. However, as these risks are relatively low it has not affected the popularity of the equipment.

For people that have busy lives and a limited time in which to buy their breakfast or lunch this app is very helpful and saves time. It should result in shorter queues and less time spent waiting for payments to process. This may only cut a few minutes time off, but it also results in lower stress levels that are caused by repetitive queuing.

Unfortunately as things become easier for people to make payments they also become easier for theft and fraud. While there are security measures in place it is also relatively easy for this app to be manipulated and used to steal funds. However, the possible damage is limited as only small payments can be made using the app.

Although both this app and the iPhone are becoming more popular, not everyone owns one and this is reflected by the fact that not all cafes and restaurants own the equipment to receive this type of payment. As the smart phone becomes a necessity in every home it is likely to become a standard payment form across the world. However this progress is yet to come.

As this type of app has become so popular there are different version that are also being made. The different types of smart phone are not always compatible with apps for the iPhone. Because of this there needs to be either one that is compatible with all smart phones, or equipment in shops that is compatible with all apps.

While the Square iPhone app is becoming increasingly popular it does come with some risks. Many people are not concerned about the risks as they have insurance against fraud and this is advisable whether the app is used or not. Overall the app is suitable for old and young alike and should be more available in the near future.

You can find a detailed summary of the pros and cons of using the Square iPhone application at right now.