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Maybe the reason it hasn't is because farmers markets and coffeeshops don't represent significant cashflow. They are a good fit in those markets, but in that ar
by sliverstorm 11y ago
Maybe the reason it hasn't is because farmers markets and coffeeshops don't represent significant cashflow. They are a good fit in those markets, but in that area they have a big piece of what amounts to a small pie.
- pnathan 11y agoThat seems, based solely on how my gut feels, reasonable: they may have effectively saturated the untapped credit card swiper market in the US, which doesn't deal in high-cost items. I would, however, suggest that there's a whole credit card swiper market that exists that can be muscled in on that has much higher values - all grocery stores, for instance. In any case, I should find the filing and read it. I came up with a similar and much worse idea about 6mo before Square came out, and I've been a total fan of Square ever since.