Toast Set to Nab Another $300M, Killing It on Card Not Present Fees During COVID… But Where’s The Outcry?
Why would a company with $400M on the balance sheet who just laid off what would appear to be ~40% o
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It always cracks us up when people point to banks as the ethical parties because they’re banksSubscribe or log in to read the rest of this content.
Let’s ignore Toast’s TAM issue for a second and just focus on domestic, US restaurants.
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Everybody in the payments industry who reads this periodical knows exactly how legacy payment companSubscribe or log in to read the rest of this content.
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Upserve at it too: https://www.bostonglobe.com/2020/06/03/business/restaurant-owners-frustrated-over-new-fees-providence-payment-company/
Cap Interchange and enforce it all the way downstream this time.
Watching open banking in the EU to see how it works out. Still, acquirers just make up fees while networks take the hit