Square expands into small business loans
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  1. #1
    Senior Member Reputation points: 122
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    Quote Originally Posted by sean bash View Post
    they're targeting the highest risk segment. micro-merchants with mobile payment processing. Makes splitting pretty easy. Unplug one phone swiper and plug in another processor's swiper.
    This also makes defaulting pretty easy...

  2. #2
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    Quote Originally Posted by mfs01 View Post
    This also makes defaulting pretty easy...
    I would bet pretty strongly that this has been the subject of numerous meetings, fights, etc. amongst Jack and his team. They're not out to eat guys' lunch while leaving their asses bare.

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