Why Square Has the Credit Card Industry on the Run -
VeriFone’s new “open letter” scare campaign proves that Square is going to for to the credit card industry what Apple has done for mobile computing — make cutting edge technology simple and accessible. Square allows iPhone owners to accept credit cards without monthly fees and contracts, and threatens the the entire credit card processing industry. I’m part of that threat as a small business owner and Square user, and apparently someone to be feared.
(Via TheAppleBlog.)
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