Wednesday, February 23, 2011

Mobile Payments Price War

New moves by mobile payments provider Square suggest competition is heating up in the small business mobile payments space.

Intuit's GoPayment system charges 2.7 percent, plus 15 cents per transaction, while Square now charges 2.75 percent, but no per-transaction fee.

The moves suggest that small business mobile payments now has become a serious business, with serious competition for customers.

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When Was the Last Time 40% of all Humans Shared Something, Together?

I miss these sorts of huge global events where 40 percent of living humans share a chance to build something for others.