Its card reader is now so ubiquitous that it's hard to believe that Square only went live in October 2010; but the start-up fully dominates its niche....
E-commerce fraud tends to spike following adoption of chip-based cards, because fewer fake cards are produced and used in face-to-face transactions....
It was always clear that the antitrust deal the merchants agreed with Visa and MasterCard wasn't a good deal for them and now they've figured it out....