I was in attendance for this at NACHA - I think it is GREAT Jack Dorsey and Jim McKelvey are creating and driving an innovative and cost-effective way to help entrepreneurs, sole proprieters, small business and non-profit organizations accept card payments for their buisness growth without the cumbersome task of finding a merchant processor bank, sometimes long set up process and excessive fees/minimum requirements.
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Yes, the big banks should be worried...they are going to be losing out on this one!
Ranae M. Neese
Cash Management Specialist
Ohnward Bancshares, Inc.
Clinton, IA
