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> Is it common for people to still swipe cards in some counties? I think this is Square's biggest problem when it comes to global expansion. It's relatively ea
by objclxt 13y ago
> Is it common for people to still swipe cards in some counties?
I think this is Square's biggest problem when it comes to global expansion. It's relatively easy for a company like Stripe to launch in Europe: fundamentally the problem is one of paperwork, negotiation, and contracts. For Square, it's all this plus hardware - EMV hardware that needs to be certified by the card issuers, and that's considerably more complex and probably can't be given away for free.
I wonder how close Square are to having an EMV solution that's cost effective and can work for them...
- kalleboo 13y agoThere's already iZettle in Europe which does Chip and PIN, and they started after Square so they've had plenty of time.