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reffaelwallen | 4 years ago

Impactful to Square?

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iamacyborg|4 years ago

Maybe, depending on how much of their revenue comes from hardware sales.

Eventually they'll just be an app that runs on the phone, making it significantly easier for a business to signup to use their service.

0des|4 years ago

Square is a different market segment, more of the first year, trendy-but-still-playskool retail merchant setup.

ra7|4 years ago

Could you expand how Square is different market segment? I thought POS terminal was one of their primary products.

verst|4 years ago

At my local farmers market every vendor uses Square to accept payments, but also seems to have iPhones themselves.

With this announcement I can very much see Square being removed from the equation in this small business without fixed store front scenario.