Comments on: Keith Rabois: Square Will Be Way More Valuable Than PayPal

By: michael

michael — Wed, 08 Jun 2011 16:15:31 +0000

Nothing but a glorified phone based credit card terminal. The action and the money is in the processing. And look who’s there:

http://intuit-gopayment.com/gp?cid=ppc_google_GoPay-NB2-G-C-Img_free-payment-solutions_Broad&ef_id=dT1N7573wFMAAAG6:20110608161031:s

By: Niall Harbison

Niall Harbison — Sun, 29 May 2011 20:48:53 +0000

I was at the conference when he said that and it was the way he said it with a huge laugh on his face that showed his confidence. They seem like a company that have their vision very clearly locked down and are just executing on it as well as they can.

By: David S.

David S. — Sat, 28 May 2011 01:05:52 +0000

Agree with Keith’s assessment of Google Wallet. I gave Square a shot just because I wanted to try it out – and was hooked. With that said, I often find that the limitation is not in the technology; it’s often with the customers. I have seen a lot of reluctance (especially with data breaches and privacy violations staying in the top headlines, as of late) from customers in letting me scan their credit card into a Back-to-the-Future-looking device plugged into the audio jack of my iPhone. Most of them can be talked down from the ledge with a little explaining, but I do think it is an issue.

That said, Square kicks ass. The next six-none months will prove interesting, and I wouldn’t throw all my chips in just yet.

By: ConnectedTraveler

ConnectedTraveler — Fri, 27 May 2011 23:20:38 +0000

Wow, looks like the venture funds that backed Square are in for some huge returns.