Square lands $100M of venture capital funding, placing the mobile payments startup in a better...


Square lands $100M of venture capital funding, placing the mobile payments startup in a better position to compete with Google (GOOG +0.2%) Wallet and PayPal (EBAY -0.9%) in the battle for a piece of the mobile payments pie. The firm's credit card reader enables mobile devices to swipe cards for a flat 2.75% fee.
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  • Tony Petroski
    , contributor
    Comments (6356) | Send Message
     
    "...in the battle for a piece of the mobile payments pie. The firm's credit card reader enables mobile devices to swipe cards for a flat 2.75% fee"

     

    (mobile-payments pie)

     

    Geniuses at NYU are trying to figure out how to make this 2.76%.
    29 Jun 2011, 10:23 AM Reply Like
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