While i love Squares concept I wonder how they would handle international growth, i see that as being very difficult. But maybe they dont even need that.
In most of Europe (im from GER) most people dont even have credit cards. I have also never ever seen someone pay for something like a coffee with a credit card here, to me that sounds absurd
I pay with a credit card for everything possible - I don't have to worry about carrying cash, don't have to carry change, it takes less time, and I get a comprehensive list of everything I've bought (and for how much) at the end of every month.
To me, extending my credit card usage from interactions with stores to interactions with people (a la Square) would be (and is) awesome (no more checks!).
In most of Europe (im from GER) most people dont even have credit cards. I have also never ever seen someone pay for something like a coffee with a credit card here, to me that sounds absurd