Did Apple Just Re-re-invent Retail?
Did you think the iPhone X was the biggest thing in Apple’s most recent Special Event? Think again. The first 22 minutes of the event focused on Apple’s largest, most important product: its retail stores. Consider the 6-minute introduction focused on the Steve Jobs Theater, followed by Tim Cook’s discussion of Apple’s new headquarters, … Continue reading Did Apple Just Re-re-invent Retail?
Want Square-like or Stripe-like Growth Rates? It’s Not as Hard as You Think
There has never been a more exciting time to be in payments. The market is in transition, and with change comes opportunity. Companies with strong strategies are achieving explosive growth. Square stock now trades above $15 per share, after having traded at less than $9 per share about seven months ago. In November 2016, Stripe … Continue reading Want Square-like or Stripe-like Growth Rates? It’s Not as Hard as You Think
The iPhone 7 Is an Opportunity for Square, Not a Problem
It’s finally official. The iPhone 7 will not include a headphone jack. How does that affect Square and other mobile point-of-sale (MPOS) vendors and their merchants who rely on card-reading dongles plugged into headphone jacks to process credit card transactions? Not much. If anything, it’s an opportunity. There are three types of users that Square … Continue reading The iPhone 7 Is an Opportunity for Square, Not a Problem
MCX Has Given Up the Battle, but not the Fight
In a statement released on May 16, Merchant Customer Exchange (MCX) CEO Brian Mooney announced that MCX had indefinitely postponed the launch of its CurrentC mobile wallet, that it had laid off approximately 30 employees, and that moving forward it would focus on partnering with financial institutions. This could mean that MCX is dead, but … Continue reading MCX Has Given Up the Battle, but not the Fight
Can Apple, Visa and MasterCard Finally Disrupt PayPal?
Late last century and into the early part of this one, an Internet-driven technology shift enabled PayPal to become the leading online payment network, a position it has maintained and strengthened ever since. In the years that have followed, the traditional payment networks have launched a continuous stream of efforts to disrupt PayPal, all of … Continue reading Can Apple, Visa and MasterCard Finally Disrupt PayPal?