Wednesday 22 November 2017

*NEW RESEARCH* Square – Disrupting Payments and now over here

logoreportOne of the most interesting areas of digital disruption in payments is in the small merchant sector, where tech has transformed the operating economics – if you have got a smartphone or tablet then you already have plenty of computing power which can be leveraged to accept card payments, an area which was previously the preserve of larger merchants who could afford expensive specialist terminals.

Square was the first to spot this disruptive opportunity back in 2009, and this year they have finally launched their assault on European markets with a beachhead in the UK. The business has moved on a lot since the launch of their iconic card reader, and a closer look at their range of propositions now can tell us a lot about the frontiers of disruption in payments as enabled by the fintech revolution.

Alarm bells should be ringing across the UK payments sector.

FinancialServicesViews subscribers can find out more about this major disruptor by reading our latest FintechViews report, “Square – Disrupting Payments and now over here” via this link.

Please Note: TechMarketView has written extensively on the Payments business and the impacts of Regulatory change. Our comprehensive study of the UK Payments market is available to FinancialServicesViews subscribers here (This report is also available for one-off purchase).

Posted by Peter Roe at '17:49' - Tagged: payments   FinTech