September 4, 2013
To accept payments on the go, either remotely or in proximity is a huge opportunity area. Payments is fast becoming a popular finTech venture in the entrepreneurial world. Investors are going ga-ga over it. We have seen Square (Jack Dorsey of the twitter fame) like offerings come up in various countries in Asia.
There is a marked difference in how they are looking at working in their respective markets with such card reader solutions. While the technology solutions seems similar to Square but business model varies a lot.
Square focused on merchant acquisitions on its own (reminds me Jack said in an interview that he spends 8 hours o ...