AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
34: Square Becomes BLOCK, Future Of Twitter, Web 3 Music + Jack Dorsey Appreciation
Not Investment Advice
Credit Card Processing
2min Snip
00:00
Summary
Transcript
Episode notes
30 million small businesses in he us. With sales of less than a undred thousand dollars. They can't handle the credit card fees, right? Like those will just eat into them and crush them. So they create this dongo around two thousand and nine. It's maybe like ten, 15 times cheaper for that smaller merchant. The way the price ting momtly worked anyway, er to be up. so it makes it feasible for them to use credit cards.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode