This company found that they could maneuver this into a net positive. The obvious fact being that it was not mandated. Most business models cannot afford these types of across-the-board increases. The market is to decide.
Most business models cannot afford these types of across-the-board increases. The market is to decide.
This is a ‘service’ business; they don’t make anything. Credit card processing has less Cost of Goods production cost. Takes 2-3% of whatever money goes from one hand to another.
Look at Square Up, Jack Dorsey. Similar business, similar profits.