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This may be the first serious competitor that Square has had. Paypal knows the payment space very well, has a brand that everybody recognizes, has relations wit
by namityadav 15y ago
This may be the first serious competitor that Square has had. Paypal knows the payment space very well, has a brand that everybody recognizes, has relations with a lot of merchants, and the Paypal dongle looks better for heavy usage, because of its shape and size (based on the first picture).
- ck2 15y agoGive paypal about three months before they start locking innocent merchant accounts and inadvertently sending square all the business they can handle.
- earl 15y agoPaypal does bring with them a strong reputation for enjoying fucking their customers. I and my gf refuse to have anything to do with them, and if they're the only option offered, I simply won't buy.
- allbutlost 15y agoI would argue that this reputation only really applies within the tech echo chamber and that the vast majority of wider society isn't aware of this reputation, and has never heard of Square. But these same people probably do have a PayPal account, and given that these onerous policies of PayPals are actually in place to protect the consumer I think they stand a good chance making it much more difficult for Square in this market.
- agscala 15y agoAgreed. I was listening to a morning talk show that was discussing PayPal, and they only said great things about PayPal. I think most of the population likes PayPal, except for the very small percentage which happened to get screwed.
- deleted 15y ago[deleted]
- yalogin 15y agoCompletely agree. Great move on their part. Capitalize on their network in every country before Square enters it. Square already proved there is a market for it.