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.
Tuesday, February 22, 2011
Square Drops 15-Cent Fee for Credit Card Purchases
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
Subscribe to:
Post Comments (Atom)
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
One recurring issue with forecasts of multi-access edge computing is that it is easier to make predictions about cost than revenue and infra...
No comments:
Post a Comment