Being one of the participants of the recent Midwest Acquirers Association
conference and listening to Jack Dorsey speak, I feel that he is going to
change the industry as we know it.
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There is a lot of buzz and concern by people in the industry concerned about
losing sales or commissions. My personal opinion is that he will bring a
whole new segment to the industry that companies in the past have not wanted
due to size or potential risk.
Those customers also have been precluded from entering the payments space
because of high cost of entry with equipment, contracts and minimum fees.
All businesses must start small to get big, and Square will be a launching
point for a lot of new small businesses of the future.
Rod Katzfey
Katzfey's International
