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Interesting that Square is looking for acquisitions in the industry. Payment processing by itself always lacked tangible lock in. From another article: > Tech
by hayksaakian 12y ago
Interesting that Square is looking for acquisitions in the industry. Payment processing by itself always lacked tangible lock in.
From another article:
> TechCrunch understands from a reliable source that Square was a “serious bidder” against Google for Appetas, a restaurant website building platform Google just acquired.
http://techcrunch.com/2014/05/12/with-new-food-app-square-order-square-wants-a-bigger-bite-of-the-restaurant-industry/ http://techcrunch.com/2014/05/12/with-new-food-app-square-or...
- zachlipton 12y agoExactly. Square is trying to build up a collection of services to offer local businesses, especially restaurants, of which payments is just one. Google has been playing in the same game, with the main aim of selling ads to local small businesses, but hasn't really moved fast enough in pushing payments.