Free EMV gauntlet drops, the Square of Europe, iZettle Slashes The Cost Of Its Card Readers To Zero, Apple Pay next. http://on.tcrn.ch/l/E425
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Replying to @BrianRoemmele
@BrianRoemmele Unless they're bleeding money. You can only give stuff away so long at that level.1 reply 0 retweets 0 likes -
Replying to @jameswester
@jameswester@BrianRoemmele mPOS hardware completely commodotised now. Chip&PIN readers likely cost less than $30. Paid off quickly by fees1 reply 0 retweets 1 like -
Replying to @ahopebailie
@ahopebailie@BrianRoemmele "Paid off quickly by fees." I haven't seen that. Most mPOS merchants are unprofitable.1 reply 1 retweet 1 like -
Replying to @jameswester
@jameswester@BrianRoemmele perhaps, that really comes down to the fundamentals of the business, but a $30 cost-of-sale is still compelling1 reply 0 retweets 1 like -
Replying to @ahopebailie
@ahopebailie@BrianRoemmele From the provider standpoint it's just digging the hole faster, deeper. See example in Verifone's exit.5 replies 0 retweets 1 like -
Replying to @jameswester
@jameswester@ahopebailie The business model for micro merchant entities like Square changes massively because of the cost of NFC EMV BLE1 reply 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@jameswester that's my point. IF profitable today cost of hardware shouldn't change that as it becomes commodotised + cheaper2 replies 0 retweets 1 like
@ahopebailie @jameswester Adrian, quite true. The issue is micro merchants will not pay to enter. iZettle learned this in the EU and why $0
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