Ah ok yea thanks for clarifying that. I was under the impression that Square only works with credit cards. I can understand I guess the convenience of using a small card reader attached to your phone instead of a bulky POS terminal.
I guess what's more difficult for me to understand is the value surrounding wiring money. My bank in the Netherlands doesn't charge me a fee to withdraw money at any ATM in the world and I can transfer to any European account given the IBAN free of charge too.
So just curious as to what pain point Square and other payment companies serve in that case.
I guess what's more difficult for me to understand is the value surrounding wiring money. My bank in the Netherlands doesn't charge me a fee to withdraw money at any ATM in the world and I can transfer to any European account given the IBAN free of charge too.
So just curious as to what pain point Square and other payment companies serve in that case.