|
|
|
|
|
|
by vshastry
5056 days ago
|
|
|
This feels a lot like a land grab in an increasingly crowded market. There's a thread on Quora: http://www.quora.com/Square-Inc-1/Why-did-Square-turn-down-i... that talks about how Square's traction might be slowing down and how they might also be resorting to similar tactics to drive merchant adoption. Long term this kind of business isn't bad if you can scale it since the GoPago/Square/etc. of the world can keep 1% or more at the prices they charge merchants. The challenge is that folks like LevelUp will come along and choose to make money off promotions, giving away payments. It's a good time to be a merchant I imagine - that's a lot of free equipment and support for a small merchant. |
|
|