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.

No comments:

Post-Modernism Really Doesn't Work, Long Term

One of the hallmarks of the post-modern era (late 20th-century to present) is broad skepticism, subjectivity or relativism about established...