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Maximum savings for a business is capped at $3,575/yr and if they sell less than $120k/yr, businesses will actually be losing money. It sounds more like a safe
by persona 14y ago
Maximum savings for a business is capped at $3,575/yr and if they sell less than $120k/yr, businesses will actually be losing money.
It sounds more like a safe customer acquisition strategy for Square (with acquisition cost maxed at that value) then a huge savings for small businesses (min swipe cost would be at 1.32% compared to 2.75%).