Payments Views - Square… It’s Déjà Vu All Over Again!
Over on Payments Views, Glenbrook's Russ Jones blogs about the parallels between Square and PayPal.
We’re in the midst of another disruption cycle on the acquiring side of the card payments business in the US. You can almost feel it happening. And, if you’re paying close attention to the data, you can see it happening. If you’re not – if you’re into incumbent thinking – you’re not seeing what’s happening.
Square may be a disrupting the payments industry, but it has a long way to go if it wants penetrate the existing business segment.
Posted by: Phillip | December 16, 2011 at 04:36 PM