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“ Mark Beccue, a senior analyst at Abi Research who studies consumer mobile technology, also has reservations. “What puzzles me is, what market we are addressing here?” he says. “I saw a video of using [Square] in a coffee shop and thought, ‘Don’t they have a cash register?’ ” Beccue concedes that the product may work for certain niches, such as markets or art fairs, but he doesn’t think it has mainstream appeal. He suggests that most small businesses will prefer traditional point-of-sale systems for managing credit cards, and that ATMs are convenient enough that individuals aren’t likely to turn to Square to pay each other.
Technology Review: New System Swaps the Cash Register for an iPhone (via kevintwohy)
This puzzles me about Square.
(via mikehudack)
Not me. My business involves meeting people in public places or in their own homes for consultations and ordering sessions. We currently don’t use a mobile Point of Sale system to accept credit cards, so people can’t pay with them. We’d love to start accepting them without signing a contract with someone, though.
