Complex pricing schemes tend to be a sign of a monopoly or oligopoly. The sellers of the market use these complex pricing schemes to skim off as much consumer surplus as possible.
In my opinion, the best way to disrupt an oligopoly or monopoly is to create a product that makes the original offering irrelevant. Square is doing just that - making the credit card processing industry irrelevant with simple technology and pricing.
In my opinion, the best way to disrupt an oligopoly or monopoly is to create a product that makes the original offering irrelevant. Square is doing just that - making the credit card processing industry irrelevant with simple technology and pricing.