Reforming Retail

This Graphic Sums Up The Entire Payment Processing Industry

Outsiders simply have no idea how much money the payments industry steals on the backs of society while creating negligible value. Payments is this amazingly simple exchange of commerce that’s made...

PAR Acquires Delaget Because It Has To

There are only two durable ways to grow a business: Sell more products to your customers Find new customers Notice that nowhere on this list was “hold customers hostage and abuse them with payment fee...

Square Totally Miffed on Full Service Restaurants. Will That Ever Change?

Walking around the streets of San Francisco – Square’s hometown – it’s odd to see the absence of the eponymous logo in full service restaurants. Small cafes, sure, but larger, sit down...

Can You Find Worse Abuse Than What’s in This Heartland Statement?

The average profit margin for a restaurant falls between 3% and 9% depending on the type, with fast casual restaurants earning the higher end of the range. Payment acquiring margins for restaurants doing over...

“Condensed Gross” Interchange Is Shaft4’s SimpleChange Scam by Another Name

Honestly, if the payments industry put as much time into furthering humanity is they did trying to steal from merchants we’d be a Class I species on the Kardashev scale already. The amount of creativity...

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