Hacker News new | ask | show | jobs
by jes5199 5511 days ago
I'm an engineer at Square, so I can neither confirm or deny such speculation ... but in an interview with Wired, CEO Jack said "People understand credit cards. They know exactly what to expect from them. They’re used everywhere. But Square is payment-device agnostic. It doesn’t matter how you pay. Some of our users accept only cash." http://www.wired.com/magazine/2011/05/mf_qadorsey/all/1
1 comments

Why not accept FaceCash then? The rate is 1.5%, much lower than what you charge now.