@BrianRoemmele @rdoddala @iankar_ @mdudas Equipment overhauls for merchants aren't complicated?
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Replying to @jameswester
@jameswester@BrianRoemmele@rdoddala@iankar_@mdudas what if you're starting a small business? Get a NFC thingy, register and done, right?2 replies 0 retweets 1 like -
Replying to @BrianRoemmele
@BrianRoemmele@AAPLTree@rdoddala@iankar_@mdudas The "no one is charging for equipment" isn't entirely accurate. There are costs.2 replies 0 retweets 1 like -
Replying to @jameswester
@jameswester@AAPLTree@rdoddala@iankar_@mdudas there are always "costs" but the burden of the cost are not obvious or upfront.1 reply 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@jameswester@AAPLTree@rdoddala@mdudas what are these non-obvious costs?3 replies 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@iankar_@AAPLTree@rdoddala@mdudas Yes, you pay for NFC/EMV machines. And they cost more, upfront or in installments.2 replies 0 retweets 0 likes -
Replying to @jameswester
@jameswester@iankar_@AAPLTree@rdoddala@mdudas I talk to merchants all day long that pay $0 for equipment and pay 10bps above interchange1 reply 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@iankar_@AAPLTree@rdoddala@mdudas And they have fees, cancellation charges, etc. Cost may be baked in but it ain't free.1 reply 0 retweets 1 like
@jameswester @iankar_ @AAPLTree @rdoddala @mdudas 90% ISOs abandoned Cancel fees. Competition is fierce and keeps prices ~25
interchange
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Replying to @BrianRoemmele
@BrianRoemmele@iankar_@AAPLTree@rdoddala@mdudas on guaranteed volumes.1 reply 0 retweets 0 likes -
Replying to @jameswester
@jameswester@iankar_@AAPLTree@rdoddala@mdudas guaranteed volume requirements for small and medium sized merchants are from the 1990s3 replies 0 retweets 0 likes - 11 more replies
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