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Wonder what portion of the $2B in transactions are those that come under $6 on which, Square actually loses money. Also, it averages $2500 per merchant, which s
by Cherian_Abraham 15y ago
Wonder what portion of the $2B in transactions are those that come under $6 on which, Square actually loses money. Also, it averages $2500 per merchant, which seems that these are low volume merchants, and unlikely that Square has recouped their merchant setup costs yet. Transaction volume has to still improve significantly before Square will find itself in the black. Yet, much kudos to a true disruptor.