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Finally. I have no idea why Square didn't do is years ago before Stripe came to dominate. Square has tremendous advantage with large existing merchant base, mos
by pbreit 11y ago
Finally. I have no idea why Square didn't do is years ago before Stripe came to dominate. Square has tremendous advantage with large existing merchant base, most of whom need online processing.
- dwightgunning 11y agoI'm not sure if most of their large merchant base do have an immediate need for online processing. I always thought they targeted mainly bricks-and-mortar retail, cafes, small chains, etc. I havent thought about this a whole lot by my initial guess was that in the past they just had their hands full capturing that large bricks-and-mortar merchant base. It seems easier to move from that position of strength into the adjacent online payment market than in the other direction. Timing into the market(s) would also be a factor. Square and Stripe have been at it for quite a while.
- pbreit 11y agoEven cafes, indie retail and food trucks have online commerce. I think they've had her hands full with a lot of non-core activities like food delivery and payroll.
- hacknat 11y agoUmm, this has been around for a while. Notice the v2 tag? Source: I developed an application with this API over a year ago. Also, it's not a given that most of Square's customers need online processing. Probably most of them don't.