Tuesday, February 22, 2011

Square Drops 15-Cent Fee for Credit Card Purchases

Square says it is dropping the 15-cent transaction fee when merchants use its mobile payment system, and instead will take what is an interchange fee of of 2.75 percent of the gross sales amount.

The change is helpful for many of the small merchants who use Square, namely high-volume, low amount transactions.

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Data Center Capacity Demand to Grow 3.5X Between 2025 and 2030, McKinsey Estimates

Momentary concerns about enterprise or hyperscale data center demand aside, virtually all observers might agree that demand for data center ...