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漂流瓶终于彻底拜拜 微信7.0.4新版体验
微信漂流瓶被玩坏了 聊聊漂流瓶里那些事
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借贷宝:停止催收百名裸条女大学生 未满23岁将不得借贷
京东白条多地频现盗刷 消费者遭催收公司“逼债”
借款野蛮催收行为将被规范 真是几家欢喜几家愁
为规范网贷催收 上海互金协会发行业倡议书
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Square Doubles Users Accepting Credit Cards To 2 Million In Six Months
六个月内用户接受信用卡的平方为200万

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编辑: 1   作者: Techcrunch   时间: 2018/10/31 18:31:32  

Apple Passbook? What Passbook? San Francisco's Square says it now has 2 million people and businesses accepting credit cards with the service. That's up from the 1 million figure it cited all throughout the past year.

The volume of transactions the company processes is also up to about $6 billion per year, as the company announced earlier this week when it hired former Salesforce senior vice president Sarah Friar as a new chief financial officer. These announcements might help the company keep up visible momentum as it continues a fundraising process.

The company's card reader is that dongle that plugs into iPhones, iPads and Android devices. They also have an app that turns iPads into registers and a mobile wallet offering called Pay With Square . The company takes a 2.75 percent share of transactions. If you back that out, you get annualized gross revenue of $165 million, but most of that fee is probably handed over to the credit card companies. There is actually an excellent discussion of Square's prospects and model that got started on Quora this week.

Apple launched what seems like a competing product this week at its Worldwide Developer Conference called Passbook. But as Sarah Perez explored it, it actually may be an opportunity in certain ways for Square and other players in the ecosystem. Square has a hands-free payment feature in its iOS app which lets users to opt-in to a geofencing feature. It gets triggered when you and your phone are within 100 meters of a Square merchant.

Apple's Passbook more deeply integrates some of this functionality directly into the operating system, which means that Square may have to adapt. But it's not necessarily a bad thing, as Passbook is still missing many pieces - namely support for MasterCard, Visa, Discover, or American Express.