Hacker News new | ask | show | jobs
by ethanbond 4107 days ago
I've never understood how the hell Square does it. It's an awesome experience though.
1 comments
dustcoin 4107 days ago
They (ab?)use the transaction that occurs when money is refunded to a debit card.

http://jonbwhite.tumblr.com/post/66853226398/how-square-move...

link
ethanbond 4106 days ago
Well I knew that they used the refund rails, but I was curious how they protect against fraud. This seems to imply that there's nothing magical regarding the anti-fraud: they just try stay on top of it.
link
gonehome 4107 days ago
I was wondering how they did it - that's really cool. Thanks for the link.
link