How does the company make money? And does it have a diverse set of revenue sources? Considering whether to accept an offer or not from there #square
It’s a listed company. All the information is publicly available. Read their annual report
I will. Gathering human language, quick explanation until then.
They have a lot of ancillary services like customer appointment management, restaurant menu and payment processing etc. then there is the standard payment processing and short term loans
How does meta make money?
Ads, payments, Meta hardware, paid messaging via WhatsApp, and there’s some more (but small, long tail sources).
Offer details?
Square takes a % of every transaction. It's similar to Visa or MasterCard
Lot of revenue sources. Surprisingly diversified business.
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Loans and payment processing fees are two avenues they have
This plus subscription fees for larger “upmarket” sellers. On the Cash App side, there are fees for instant deposits and stock/crypto trading.
Does ppl care about instant deposit? And stock trading is free in most brokerages. Why do they still pay for it? Trying to understand if this is viable profit making product in long term.