Punchey puts up its dukes to challenge Square in the mobile payments ring
Punchey hopes to carve off a piece of mobile credit card payments market by charging lower fees for high-dollar transactions.
No swiping fees: Square offers merchants a monthly fee option
Mobile payment startup Square is giving small businesses an option to pay a monthly transaction fee of $275 instead of paying $2.75 per card swipe. That will save money for businesses who do more volume and will give them more predictability about their costs.