Amazon’s Mobile-Pay Pricing Promo Is a Big Gamble

Amazon’s Square-like card reader comes at a very un-Square-like price, undercutting Amazon’s competitor by a full 1% per swipe. But that promotion will eventually go away — and when it does, Amazon’s merchants might go with it.

Source: www.paymentssource.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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