Sticky post What Coffee Shops Should Know about Square’s New Pricing
Square, a popular credit card processing system, announced last week that it is updating its processing fees from 2.75% to 2.6% + 10c per transaction. While this increase doesn’t sound significant, it has a very significant adverse effect on coffee shops—whose average transaction size is generally smaller but whose total transaction count is generally high. Take, for example, a coffee shop making $40K a month … Continue reading What Coffee Shops Should Know about Square’s New Pricing
