I've seen these FUD conspiracy comments posted everywhere today. Not a fan of amazon in particular myself but I mean, come on, having some data is not enough to replace whole profitable businesses. Not to mentions all the restaurants and food trucks that will use this, I don't think amazon will start opening food trucks everywhere.
I am of course being a bit hyperbolic. Clearly food trucks, corner stores, and the like really only have upside here. However, boutique stores that cater upper-middle class customers may be giving up more than they bargain for by using Amazon's payment system. Perhaps they should be a bit skeptical.
My last experiences with Square, were a charity event, a farmer's market, and kiteboarding lessons. In my experience, the Square's hardware is total shit, and I can't imagine these vendors care about anything but processing fees.
The stupid square reader that spins when you swipe is reason enough not to use them. This is just another $5000 reasons.
If all you do is sell the same generic boxed goods as everyone else then you may be right.
But there are plenty of businesses that this would work well for such as service businesses. Amazon won't spring up a tree trimming business overnight. Or what about small gyms, kids play places, bakeries, etc? Amazon can't turn those into 'showrooms' for things you can order from Amazon.com.
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