Twenty years ago, it was a safe bet that some small stores and vendors at craft markets would not have the ability to accept credit cards. It just wasn't practical. Now, most everyone has used one at a coffee shop or farmers market. Hell, people have them at garage sales. And we've all learned how to sign our names with our fingers.
Amazon wants all of your business.
Amazon has decided to throw its considerably large hat into the ring currently occupied by companies like Square and PayPal with its new service called Local Register. It provides essentially the same basic features as its competitors, but Amazon is offering an exceedingly low rate of 1.75 percent on transactions through January 1, 2016 if you sign up before October 31 of this year. After that, the rate rises to 2.5 percent, which is still lower than Square.More »