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There's a new disruptive technology in town — "Square" is Twitter co-founder Jack Dorsey's new project that aims to revolutionize mobile payments. While the tech world is abuzz, there are many in the payments industry who have voiced concern over security.
MagTek has been in the payment space for over 38 years and was literally the first company to build a a swipe reader for use at the POS. Before that, they were in the ATM business with transports that read magstripe cards where they have continued to innovate the technology and make it more secure. PYMNTS.com recently had the honor to speak with MagTek's CEO Mimi Hart and asked her to share her thoughts on this potentially game-changing device.