Farhad Manjoo on the new Square Stand:

Translation: Credit cards will be here for a good long time. This isn’t a novel admission; Dorsey has always said that he doesn’t think plastic will go away anytime soon. But the launch of the Square Stand—a device engineered to improve the credit card experience—shows how deeply Square is betting on credit cards. It’s as if, after building the Model T, Henry Ford also spent a lot of money to build a faster horse, just to hedge his bets. In this way, Square Stand prompts a deeper question: What if, as wonderful as Square Wallet is, we just never move beyond credit cards? What if people find faster horses good enough?

  1. republicofideas reblogged this from shortformblog
  2. thebrianhayes reblogged this from parislemon and added:
    This also aids in easy adoption with is key.
  3. brentammm reblogged this from okorogariist
  4. okorogariist reblogged this from shortformblog
  5. ebookporn reblogged this from parislemon
  6. memarkerrett reblogged this from parislemon and added:
    What if credit cards are actually the Car in this metaphor and things like NFC are weird experiments on top? In Britain,...
  7. do-nothing reblogged this from parislemon
  8. mietekmac reblogged this from parislemon
  9. reinierladan reblogged this from parislemon
  10. nickstream reblogged this from parislemon and added:
    What if people find faster horses good enough?
  11. robertcy reblogged this from shortformblog and added:
  12. chandakmayank reblogged this from shortformblog
  13. seldo said: Do you think by taking investment capital from Visa, Square has compromised their ability to truly change the way payments work?
  14. timetravelsuckerpunch reblogged this from shortformblog