Despite growing competition from PayPal, Intuit and Verifone, it seems that Square's clients are still going gangbusters. The grandaddy of smartphone payment systems is placed to consider $5 billion in obligations this season, up from $2 billion a scant six several weeks ago. Based on company COO Keith Rabois, such expansive growth continues to be fostered because Square helps make the cash from transactions open to retailers the following working day -- an element greatly appreciated by smaller businesses. Clearly, Huey Lewis was right, and you will see what we should mean following the break.
Continue reading through Square's feeling good, on pace to consider $5 billion in obligations each year
Square's feeling good, on pace to consider $5 billion in obligations each year initially made an appearance on Engadget on Thu, 26 Apr 2012 03:34:00 EDT. Please visit our terms to be used of feeds.
Permalink
TechCrunch 
Bloomberg Email this Comments
No comments:
Post a Comment